Alibaba says it does not expect any material impact from regulatory action in China

Alibaba says it does not expect any material impact from regulatory action in China

Photographer: Qilai Shen/Bloomberg

China’s Alibaba does not expect any material impact from changes to its exclusivity arrangements with merchants, CEO Daniel Zhang said on Monday, after regulators fined the e-commerce giant a record $2.75 billion for abusing its market dominance.