Jack Ma and Alibaba's media power touches nerve in Beijing

Attempts to sway public opinion provoke regulatory backlash

20210419 SCMP. and Jack Ma

Alibaba Group Holding, founded by Jack Ma, has accumulated a range of media assets including Hong Kong-based newspaper the South China Morning Post. (Source photos by AP and Reuters) 

NIKKI SUN, Nikkei staff writer

HONG KONG -- Paying a record fine of $2.8 billion might be enough for Alibaba Group to draw a line under Beijing's anti-monopoly crackdown for now, but China's largest ecommerce company is not off the hook as its extensive media assets remain a concern for the authorities.

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