Alibaba shares slide on Alipay breakup report
It has been reported that Beijing wants to break up Alibaba's payments subsidiary Alipay.
It has been reported that Beijing wants to break up Alibaba's payments subsidiary Alipay. Duncan Clark is chairman of consultancy BDA China, and author of Alibaba: The house that Jack Ma built, and explains the background. Also in the programme, we explore whether corporate social responsibility is actually changing carbon emitting businesses, or just making it look that way. Tariq Fancy used to be investment management firm BlackRock's chief investment officer for sustainable investment, and argues that CSR is not a good enough tool to facilitate a net zero economy. Our regular workplace commentator Pilita Clark asks whether companies hiring workers should take into account candidates' star ratings issued by Uber drivers as part of the recruitment process. Plus, following her stunning victory at the tennis US Open over the weekend, we find out how much money the British star Emma Raducanu might expect to make from her burgeoning career.
(Picture: An Alipay logo on a building. Picture credit: Getty Images.)
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- Mon 13 Sep 2021 22:32GMTΒι¶ΉΤΌΕΔ World Service except Europe and the Middle East