Also, the accused of violence and ten other people who leaked information about the incident lost their jobs. – The Chinese merchant giant fired an employee named Zhou, who accused her boss and a company client of sexual assault in August. Criminal proceedings were instituted against the men, but in September it was closed for … Read more
– Jack Ma in carefree times, during a speech in Paris. — © reuters – Alibaba’s stock has skyrocketed after Chinese billionaire Jack Ma resurfaced on his luxury yacht in Spain for the first time in a long time. It seems that ‘Crazy Jack’ has come back into favor with the Chinese government, but whether … Read more
Alibaba has now launched a new server chip, the Yitian 710, reports CNBC. The chip will be used in the company’s new Panjui servers, which are made for artificial intelligence, apps and storage. Neither the chip nor the servers will be sold directly to customers. Instead, it is the services that will be available to … Read more
Antitrust and data security measures taken by the CCP under Xi Jinping since the end of 2020 have upset China’s IT giants, which have flourished for two decades in an overly regulated environment. As a result of these measures, the market value of Alibaba’s e-commerce platform, gaming, social media and artificial intelligence operator Tencent, and … Read more
The Chinese Ministry of Industry has asked technology companies such as Alibaba and Tencent not to block each other’s web site links on their platforms, the 21st Century Business Herald was quoted as saying on Saturday. According to sources quoted in the publication, the Ministry of Information Technology and Industry has proposed standard companies for … Read more
Jakarta, CNN Indonesia — Alibaba, a giant e-commerce company created by Jack Ma, disbursed 100 billion yuan or around Rp220 trillion to help China achieve mutual prosperity. “Alibaba is the beneficiary of China’s strong social and economic progress over the past 22 years. We firmly believe that if society and the economy are doing well, … Read more
Jakarta – Sexual harassment experienced by an employee of a Chinese e-commerce giant, Alibaba Group Holding Ltd. The scandal went viral and is currently under investigation. A female Alibaba employee recounts the harassment she experienced via a microblogging website China Weibo. Alibaba has confirmed that it will not tolerate such acts. “Alibaba Group has a … Read more
Jakarta, CNBC Indonesia – Raksasa E-Commerce asal China, Alibaba, is being investigated by the local police for allegations of sexual harassment by its employees. The company’s official statement said Alibaba promised to cooperate with the police. Alibaba has also ruled out related parties suspected of violating the company’s rules and values. “We have zero tolerance … Read more
In the past, Chinese companies easily penetrated international markets mainly due to the cheap production costs of their products. But now their age-old advantage is disappearing. The main reason is the ongoing pandemic of covid-19 and the associated traffic restrictions. In addition, the movement of goods may slow down even further in the coming weeks, … Read more
Jakarta, CNBC Indonesia – Alibaba co-founder Joe Tsai is rumored to be the mysterious buyer behind an apartment deal worth US$ 157.5 million (Rp 2.28 trillion, assuming an exchange rate of Rp 14,500/US$) in the most prestigious condominium tower in Manhattan, USA. Launching CNBC International, Tuesday (20/7/2021), Tsai purchased two full-floor condominium apartments at 220 … Read more