Finance


Alibaba shares soar as it down plays from $2.78 billion fine

Alibaba shares soar as it down plays from $2.78 billion fine

Kathmandu, April 12: Shares in tech giant Alibaba climbed more than six percent Monday as the ecommerce titan reassured investors that a record $2.78 billion antitrust fine imposed by China would have little impact on its operations. However, concerns that officials had not finished with a crackdown on the sector weighed on big-name firms including

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