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“There will be no mercy”: Does the anti-corruption fight in China reach Alibaba?

January 22, 2022
Source: codelist.biz codelist.biz
News Snapshot:
“There will be no mercy”: Does the anti-corruption fight in China reach Alibaba? Published: 21 Jan 2022 20:01 GMT An affiliated company of this digital commerce giant and operator of the Alipay system may be behind an episode of bribery, according to the media. Share prices of online commerce giant Alibaba Group have fallen almost 6% this Friday, a trend that the Indian channel NDTV attributes to a market response to reports about the involvement in a possible corruption scandal of an affiliated company. of Alibaba, Ant Group. This company, owner of the Alipay digital payment platform and also founded...
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