Alibaba, China's top e-commerce firm, beat analyst's estimates with a 56 percent rise in first-quarter revenue, driven by growth in online sales which make up most of its business. Thursday's results show that Alibaba Group Holding Ltd , one of Asia's most valuable companies, is benefiting from more and more Chinese buying an increasing proportion of everything from food to clothing to luxury items online. Alibaba's stock is up by over 81 percent this year, lifted by steady increases in revenue for its commerce business and strong growth in its cloud computing and entertainment units, even as investments in offline stores are yet to pay off.
By Cate Cadell BEIJING (Reuters) - Chinese authorities have issued a warning to the country's top e-commerce platforms, including Alibaba Holding Group Ltd's Taobao.com, over the sale of illegal virtual private networks that allow users to skirt state censorship controls. Five websites have been asked to carry out immediate "self-examination and correction" to remove vendors that sell illegal virtual private networks (VPNs), according to a notice posted by the Zhejiang provincial branch of the Cyberspace Administration of China (CAC), China's top cyber regulator. This is the latest in a series of measures taken by China to secure the internet and maintain strict control over content.
Two UN investigators killed in March likely died at the hands of Congolese militia members, a UN inquiry found, adding that further investigation will be required to "fully ascertain the identity" of those involved. Michael Sharp, an American, and Zaida Catalan, a Swedish-Chilean dual national, were found murdered in March in the Democratic Republic of Congo while on a UN mission investigating violence and mass graves in the country's restive Kasai province. "A group of Congolese, likely militia members from the Kasai Central province, was responsible," read the board's executive summary, obtained Wednesday by AFP.
No comments:
Post a Comment