{"id":8967,"date":"2021-05-13T11:31:30","date_gmt":"2021-05-13T11:31:30","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=8967"},"modified":"2021-05-13T11:31:30","modified_gmt":"2021-05-13T11:31:30","slug":"alibaba-posts-first-quarterly-loss-in-nine-years-after-us2-8-billion-antitrust-fine-spoiling-the-sales-surge-on-consumer-recovery","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=8967","title":{"rendered":"Alibaba posts first quarterly loss in nine years after US$2.8 billion antitrust fine, spoiling the sales surge on consumer recovery"},"content":{"rendered":"<p>Source: South China Morning PostAlibaba Group Holding Limited swung to a loss in its final quarter after swallowing a record fine by China\u2019s antitrust regulators, but reported sales that surpassed forecasts as retail consumption in its home market grew with China\u2019s recovery from the coronavirus pandemic.The company reported a loss of 7.65 billion yuan (US$1.185 billion), after accounting for 18.2 billion yuan in fines to the State Administration for Market Regulation (SAMR). Sales jumped 64 per cent to 187.4 billion yuan for\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3133384\/alibaba-swings-fourth-quarter-loss-after-swallowing-us28-billion\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostAlibaba Group Holding Limited swung to a loss in its final quarter after swallowing a record fine by China\u2019s antitrust regulators, but reported sales that surpassed&hellip; <\/p>\n","protected":false},"author":0,"featured_media":8968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/8967"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8967"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/8967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/8968"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8967"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}