Alibaba Posts First Sales Miss in Two Years

Alibaba Posts First Sales Miss in Two Years

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the regulatory challenges faced by major Chinese tech companies, particularly Alibaba and Tencent. Alibaba has been under scrutiny since Jack Ma's comments and the Ant IPO cancellation, leading to financial impacts and compliance efforts. Ant Financial's profits have dropped due to regulatory changes. Tencent faces gaming regulations affecting minors, impacting its stock value. The video highlights the ongoing regulatory pressures on the tech sector in China.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the financial impact on Alibaba due to regulatory pressures in the previous quarter?

A $2.8 billion fine

No financial impact

Increased revenue

A $1 billion fine

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential benefit does Alibaba's CEO see in cross-platform openness?

Greater dividends

Reduced market share

Increased competition

Higher regulatory scrutiny

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop in Ant Financial's profit from the previous quarter?

20%

37%

50%

10%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key component of Tencent's business that is facing increased scrutiny?

Cloud services

Social media

Gaming

E-commerce

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measure has Tencent taken to comply with gaming regulations for minors?

Banning all online purchases

Limiting gaming time to one hour per day

Increasing gaming time

Allowing unlimited gaming for minors