Antitrust Investigation Against Alibaba – Bluff or Just a Start?

In late December 2020, China’s State Administration for Market Regulation announced that they have launched an antitrust investigation against Chinese tech giant Alibaba, whose “pick one” policy has received multiple complaints from its competitors over the years.

The “Pick one” policy dates back to 2013 when Alibaba forced online-shop owners to choose only one place to run their business: either they close their shops on Tmall and Taobao, Alibaba’s own platforms, or they exit all other platforms, especially JD, the second biggest platform at that time. Since 2017, JD has been suing Alibaba for its unreasonable policy.

Founder of Alibaba Becomes the Symbol of Capitalism in China

Where is Jack Ma? The whole world is wondering what has happened to one of the richest men in China, who used to have a very high profile and now has disappeared for over two months. The founder of Alibaba didn’t even show up in Africa’s Business Heroes as scheduled, a TV show funded by Jack Ma Foundation. Concerns and speculations over his current situation have been circulating in China.

The Bathroom Panorama in Chinese Tech Giants

Founded in 2015, Pinduoduo is without doubt the fastest growing tech company in the world. In merely five years, it has become the strongest rival of Alibaba Group in China. Huang Zheng, the founder, is now the 4th richest man in China, 24th in the world. Together with other Chinese tech giants like Alibaba, Tencent and ByteDance, they have become the dream destination for most Chinese coders. Recently, a bathroom problem might make jobseekers think twice before applying to Pinduoduo.

Future of China’s Richest Man Becomes a Timing Bomb

The rumors started at around 8:50 pm. On November 3, first Shanghai Stock Exchange announced the halt of Ant Group’s IPO on November 5, then HK Exchanges and Clearing and Ant Group published the same announcement. In less than one hour, the originally planed world’s largest IPO died on the vine. At $34.5 billion, it could have broken the record set by Saudi Aramco’s $29.4 billion IPO last year. It’s worth noting that the current second largest IPO was set by Alibaba at $25.0 billion. Both Ant Group and Alibaba were founded by Jack Ma, the richest man in China.

TikTok – As Time Ticks

A little lip-sync video platform called Musical.ly was based in Shanghai with offices in Santa Monica, California. It was bought by ByteDance, headquarted in Beijing. In August 2018, it was rebranded as TikTok, and then downloads of the app doubled worldwide. TikTok is an app whose bulk users are teens and those in their twenties. Reese Witherspoon asked Deacon Phillipie, her teenaged son to teach her about TikTok. Jimmy Fallon, the king of late night viral videos used his own in-app challenge called #tumbleweedchallenge and got into TikTok action.

Alibaba Cloud Wins National Technology Invention Award

On the morning of January 10, the National Science and Technology Awards Conference was held in Beijing. Alibaba Cloud has won two national awards, the National Technology Invention Award and the National Science and Technology Progress Award. The award-winning technology is derived from a decade of technology and strategic investment, and has served hundreds of millions of people.

“Maple Bridge Experience” Conference Held, Focuses on Digital Economy Governance System

The 4th Network New “Maple Bridge Experience” Summit Symposium, co-organized by Legal Network, and co-organized by Alibaba Group, was held today. “How to make governance create more social value,” has become the focus of discussion among many participants. In the era of the digital economy, digital economic governance models and experiences with technology and co-governance at the core not only play a role in solving business problems and creating new business opportunities, but also provide participation in social governance and solving various social problems.

Amazon Continues to Reward Ebanel Fake Reviews – More Consumer Fraud From Blakeview

After we sent our last article to the Department of Justice, they have responded. So we will be coping them on all of our future articles. We have made a claim that Amazon discriminates against both against US and honest businesses; that Amazon gives an asymmetric and unfair advantage to known and documented cheaters and/or offshore companies that use large scale fake reviews from day one.