8/17, 5:07 PM (Source: TeleTrader)
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Ukraine labels Alibaba 'war sponsor'

Ukraine's National Agency on Corruption Prevention (NACP) said on Thursday that it added Alibaba Group Holding Ltd. to its list of international sponsors of war because the company continued its operations in Russia after Moscow's attack on the country.

The NACP also claimed Alibaba "resorts to censoring Ukrainian content on its platforms related to the Russian war," while not deleting "pro-Russian posts."

"All of these facts may indicate that the company supports Russian aggression not only financially by paying taxes, but also ideologically," the Ukrainian agency stated.

Baha Breaking News (BBN) / NP