Record penalty for Ma's Alibaba marks tumultuous stretch for its founder

Home > News
By Payne in News
Updated 3 years ago

Once seemingly untouchable, Alibaba founder Jack Ma has endured a tumultuous run that saw his Chinese e-commerce giant hit with a record 18 billion yuan ($2.75 billion) antitrust fine on Saturday, resolving one key uncertainty even as others persist for himself and his business...

record-penalty-for-ma-s-alibaba-marks-tumultuous-stretch-for-its-founder