Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more

Beijing says efforts will be made to investigate and punish the corrupt behaviour behind the disorderly expansion of capital and platform monopolies

The company raised its holding by 99.3% to 602,060 sponsored American Depository Shares as of December 31, according to a regulatory filing

E-commerce giant aiming to serve more than 300 million users and boost regional e-commerce transactions to $100 billion a year

Changes planned as e-commerce group faces headwinds from increased competition, a slowing economy and a regulatory crackdown

The mood on trading floors was also lifted by China's central bank moving to limit the fallout from its property debt crisis with an RRR cut and that helped boost Alibaba’s shares by 12%

Changes come as Alibaba faces headwinds on multiple fronts, including increased competition, a slowing economy and a regulatory crackdown

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