Reported about 1 month ago
This article outlines key events in Alibaba's journey through regulatory scrutiny by China's State Administration of Market Regulation (SAMR), which began with a record $2.75 billion fine in 2021 for monopolistic practices. The timeline includes significant actions such as the publication of anti-monopoly rules, leadership changes, restructuring of the company into six units, and the eventual completion of a three-year rectification process as acknowledged by regulators, marking a new phase for the e-commerce giant.
Source: YAHOO