BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure.
Tencent Holdings Ltd.
TCEHY -8.36%…
HONG KONG—Chinese technology giant
Tencent Holdings Ltd.
TCEHY -5.19%
is facing a potential record fine for violations of some central bank regulations by its WeChat Pay mobile network, as…
SoftBank Group Corp.
9984 2.20%
said Chief Operating Officer
Marcelo Claure,
who helped clean up problems at the firm’s investments including WeWork Inc.…
SINGAPORE—Chinese authorities suspended a cybersecurity partnership with the cloud-computing unit of
Alibaba Group Holding Ltd.
BABA -4.80%
over delays in reporting…
HONG KONG—
Alibaba Group Holding Ltd.
BABA 0.64%
pledged to become carbon neutral within its own operations and cut emissions across its supply chain by half by…
HONG KONG—
Alibaba Holding Group
BABA 0.93%
has fired a female employee who accused her then-supervisor of molestation and rape during a business trip earlier this year for allegedly…
For more than 15 years, Alibaba was China’s unassailable e-commerce champion. The company founded by
Jack Ma
rose to become one of the world’s biggest and most valuable businesses, using hard-knuckle tactics…
Alibaba Group Holding Ltd. vowed to spend the equivalent of $15.5 billion fostering social equality, becoming the latest in a series of big Chinese companies to take up Beijing’s drive for what it calls “common prosperity.”Businesses and…
HONG KONG—China’s anticorruption watchdog is investigating top government officials in the eastern Chinese city of Hangzhou, where Alibaba Group Holding Ltd and Ant Group Co. are based, raising questions about close ties between…