Top economic policy official says tech platforms that possess large amounts of personal data should return 20% to 30% of revenue generated by transactions to the state
Warburg, which was a big investor in Ant's 2018 private fundraising, reportedly lowered the company's valuation to $191 billion at end-September from the $224 billion at end-June
Companies involved in the cases would be fined $78,000 each under China's 2008 Anti-Monopoly Law, the market regulator said
Chinese e-commerce giant knocked back after a year of regulatory crackdowns and slowing growth in the world’s No2 economy
Chief executive Daniel Zhang says new rivals and slowing consumption in China were the primary causes for the e-commerce giant's results
Chinese e-commerce giant records $84.5 billion in gross merchandise sales, but growth was lowest since the shopping event was created in 2009
China’s big tech stars are likely to report falls in profits and slowing revenues growth following Beijing’s regulatory clampdown on the sector this year
Social e-commerce app Xiaohongshu – 'Little Red Book' – says it has raised new funding from existing shareholders who increased their stakes in the firm
Chinese company is working on chips for artificial intelligence computing, video processing, and high-performance networks, a senior executive says
US securities regulators have started a three-year countdown that will force China stocks to delist from American stock exchanges.
Technology titans see their rankings plunge as a result of a crackdown by Beijing on the sector
Equity benchmarks tracking the country's internet sector notch double-digit gains since hitting lows in October