"Alibaba accepts the penalty with sincerity and will ensure its compliance with determination," the Hangzhou-based company said in a statement.
Alibaba was fined for “abusing its dominant position” to limit competition by retailers that use its platforms and hindering the “free circulation” of goods.
"#JUSTIN: #JackMa not disappear, here we go: Ma just had a video conference with 100 village teachers on Wednesday morning, saying: after #COVID19, we'll meet each other again," tweeted Qingqing Chen, Chief Reporter of Global Times News, a China state-affiliated media.
This incident took place within months of property tycoon Ren Zhiqiang being sentenced to 18 years of imprisonment. Experts said that this would lead to an environment of extreme uncertainty
The Financial Times reported that Ma was recently replaced as a judge in the final of TV show 'Africa's Business Heroes'.
New York is the pandemic's US epicenter, with over 113,700 confirmed cases as of Saturday morning.
"The first shipment of masks and coronavirus test kits to the US is taking off from Shanghai. All the best to our friends in America," Ma tweeted.
Musk said that computers will one day surpass humans in "every single way".
"If AI has a goal and humanity just happens to be in the way, it will destroy humanity as a matter of course without even thinking about it. No hard feelings."
But, Selfie of Success by IAS officer Burra Venkatesham is unique in its own way because it speaks about success in 360 degrees.
The new class of ‘SDG Advocates' are 17 influential public figures "committed to raising awareness, inspiring greater ambition and pushing for faster action on the SDGs,”
The billionaire's Communist bona fides were revealed by the People's Daily, the party's official mouthpiece, in an article praising contributors to China's development.
Ma, who co-founded the company almost 20 years ago which now is the world's biggest e-commerce behemoths, said in a letter to his employees that "transition demonstrates that Alibaba has stepped up from a company that relies on individuals
Jack Ma, who will turn 54 on September 10, amassed a wealth of US$38.6 billion and is the living example of a rags-to-riches story. He has been listed among the most powerful men in the world by Forbes and Times, several times.
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