Alibaba Group swung to an operating loss of more than $1.1 billion in the quarter through March because of the Chinese government’s recent $2.8 billion anti-monopoly fine. It was the Chinese e-commerce giant’s first-ever quarterly operating loss as a listed company since it went public in the U.S. in 2014. A big question is whether Alibaba will face any further consequences from China’s...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
startups
crypto
MoonPay CEO, Other Executives Cashed Out Before Crypto Business Dropped