STOCKS | Alibaba Fined €550 Million in Biggest EU DSA Case
2026-07-20 10:12:31
Alibaba Group Holding Ltd.'s e-commerce service was fined €550 million by the European Union for selling illegal products, in the bloc's largest penalty under its content moderation rulebook, according to Bloomberg. The fine is equivalent to $629 million.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
STOCKS | Citi Lowers IBM Target Price to $255 From $375Next article:
伯恩汉姆将任英国首相