Alibaba CEO says China's scrutiny of Internet platforms is needed


Alibaba Group CEO Daniel Zhang speaks at the World Internet Conference in Wuzhen, Zhejiang province, China, Nov 23. — Aly Song/Reuters

WUZHEN, China: China's increasing oversight of Internet platforms is both "timely and necessary", Alibaba Group CEO Daniel Zhang told the World Internet Conference on Nov 23.

Zhang said Chinese Internet companies had moved to the forefront of the global industry with the help of government policies, but regulations need to evolve.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read