The Chinese market regulator has asked Alibaba-backed (9988.HK), Nice Tuan, to suspend its operations in Jiangsu province for three days and fined it 1.5 million yuan ($235,302) for failing to
China fines Alibaba record $2.75 billion for anti-monopoly violations
SHANGHAI/HONG KONG (Reuters) -China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused