Cash-strapped governments are leaning toward a new regulatory regime in the wake of pandemic relief efforts.
Jack Ma, one of China's wealthiest and best-known entrepreneurs, gave up his post on his 55th birthday as part of a succession announced a year ago.
The second listing will give Alibaba the war chest it needs to keep investing in technology as growth in China flags and the world’s No.2 economy pushes to strengthen its tech industry amid an escalating trade spat with the United States.
Amazon said it would close down its online retail operations that cater to consumers in China in an apparent admission of defeat to local e-commerce rivals.
The company's Turkey branch said in a statement on Wednesday that it would offer products across 15 categories for Turkish customers on its new website.
Co-founder Jack Ma said he will be succeeded by CEO Daniel Zhang, an 11-year veteran of the e-commerce giant.
China's top cyber regulator has ordered five sites to immediately carry out a comprehensive clean-up to remove vendors that sell illegal VPNs.
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