WebAug 11, 2024 · Alibaba Group ( BABA 14.26%) and Tencent ( TCEHY 8.03%) are two of China's top tech companies. Alibaba is China's largest e-commerce and cloud services … WebJun 2, 2024 · “Both Alibaba and Tencent control a lot of online resources,” said Yin Sheng, a tech consultant in Beijing. “Both of them can cause tremendous harm to our society if they choose to do evil.”
Taiwan TSMC valuation overtakes Tencent amid China
WebAug 23, 2024 · Alibaba and Tencent have been among the hardest hit by the crackdown, which was launched in November 2024 when Xi ordered the 11th-hour cancellation of a $38 billion IPO for Alibaba’s digital... WebSep 23, 2024 · The 10 most profitable companies on the list are Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, Tencent, Alibaba, Ping An Insurance, China Mobile, China Merchants Bank and Bank of Communications, with total net profits reaching 1.74 trillion yuan. ord213s-1-1015
China tells Alibaba to sell off media assets in tech crackdown
WebAug 8, 2024 · TOKYO -- Chinese authorities are cracking down harder on the country's tech titans of late, putting internet services company Tencent Holdings in their sights, after doing the same to e-commerce ... WebJul 7, 2024 · China’s market regulator has dished out 22 fines of half a million yuan each to the country’s Big Tech firms, including Alibaba Group Holding, Tencent Holdings, and … WebApr 12, 2024 · Alibaba, which had a market capitalisation of nearly US$880 billion at the peak, is now valued at US$260 billion, or down 70%, despite the 15% bump it got this past week. Beijing regulators didn’t just nuke Ant Group’s mammoth IPO; they put a squeeze on China’s once burgeoning tech sector. ord.cd