China Daily Reads

China Daily Reads

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China Daily Reads
China Daily Reads
Jack Ma-Backed Ant’s Profit Fell 65% Due to 7 Billion Yuan Fine

Jack Ma-Backed Ant’s Profit Fell 65% Due to 7 Billion Yuan Fine

Nov 16, 2023
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China Daily Reads
China Daily Reads
Jack Ma-Backed Ant’s Profit Fell 65% Due to 7 Billion Yuan Fine
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  • Ant profit reached 2.6 billion yuan in the June quarter

  • Ant earnings lags one quarter behind affiliate Alibaba’s

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