Alibaba

Chinese prosecutors have dropped charges against a former Alibaba employee accused of raping a female colleague, underscoring the difficulties of prosecutions and convictions involving sexual abuse cases. Police in the northeastern city of Jinan — where the alleged incident took place — said Monday that the ex-manager surnamed Wang was…

The aftermath of a sexual assault case at Alibaba and the Thai insurtech startup that caught Tencent’s eyeRead More

Jorge Masvidal’s second Gamebred Fighting Championship event will no longer take place next weekend. Gamebred FC 2 was scheduled to take place in Biloxi, Miss., on Sept. 11, but the impact of Hurricane Ida has forced the bare-knuckle MMA company to postpone the card, Masvidal announced via Instagram on Friday.…

(AP) China’s government banned effeminate men on TV and told broadcasters Thursday to promote “revolutionary culture,” broadening a campaign to tighten control over business and society and enforce official morality.President Xi Jinping has called for a “national rejuvenation,” with tighter Communist Party control of business, education, culture and religion. Companies…

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China Tech Stocks Drop as Alibaba’s Donation Worries Investors Chinese expertise shares have been on tempo to snap a four-day rally, as traders remained cautious over new clampdowns coupled with the influence of Alibaba Group Holding Ltd.’s giant donation on its stability sheet. The Hang Seng Tech Index dropped 1.2%…

For frustrated employees, Alibaba executives were no different from “buddha overlooking all sentient beings below.”Read More

(Source: Investopedia) Alibaba will invest 100 billion yuan ($15.5 billion) by 2025 in support of the country’s goal of common prosperity, becoming the latest corporate giant to pledge support for the initiative, Zhejiang News reported on Thursday. Alibaba will set up a special permanent organization to carry out ten actions…

Chinese ride-hailing giant Didi has announced the creation of a labor union in an internal forum last week. The move is likely to give more power to Didi’s mostly part-time drivers who lack full employee benefits. More tech giants are expected to follow suit, including Alibaba and Meituan. Chinese regulators…