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Alibaba‘s shares nosedived in 2021 amid a regulatory clampdown by Chinese authorities After hitting an alltime high of $31932 in late October 2020 the stock has gone downhill It lost a.

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Alibaba becomes Top 10 Global Bank A few years ago I wrote about the inexorable rise of Google and Amazon in finance The conclusion from the piece was “ if you prefer fast action and major Fintech disruption from tech powerhouses then forget Amazon Google or Apple and watch Alibaba or Tencent Ant Financial the finance arm of.

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While a commercial bank must face scrutiny by the central bank and other financial regulators –for example regularly reporting its reserves – Alibaba as.

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