Alibaba Group is consolidating its share value
The value of the shares of "Alibaba" e-commerce group rose today, Monday, on the Hong Kong Stock Exchange, after it reduced the repercussions of the exorbitant fine imposed on it by 2.3 billion euros due to violations related to its dominant position, amid hopes that the page has Turned over. On Saturday, the regulator said the group, founded by billionaire Jack Ma, had committed wrongdoing and had found the company fined a hefty fine. Alibaba was accused of imposing exclusivity on merchants wishing to sell their products on its platform and avoiding dealing with competing e-commerce sites. "We sincerely accept this punishment and will strictly comply with it," the group's executive vice president, Ju Tsai, said in a conference call. الرابط هنا...... Kong.