Alibaba says does not expect material impact from antitrust fine, shares rally

Alibaba says does not expect material impact from antitrust fine, shares rally

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-china-alibaba/alibaba-says-does-not-expect-material-impact-from-antitrust-fine-shares-rally-idUSKBN2BZ01P

SHANGHAI (Reuters) -China's Alibaba does not expect any material impact from changes to its exclusivity arrangements with merchants, CEO Daniel Zhang said on Monday, after regulators fined the e-commerce giant a record $2.75 billion for abusing its market dominance.

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