Tag: Anti Monopoly
Anti-monopoly fines: Alibaba reports 1st operating loss as a public company
Alibaba Group Holding, China's leading eCommerce platform, reported its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine...
Alibaba accepts massive penalty by regulator: Says ‘happy to get the...
Alibaba, the Chinese tech giant, said that it accepts the record penalty imposed by the country's anti-monopoly regulator.
Recently, Chinese regulators had imposed a $2.8 billion...
China mounts pressure on Ant and Tencent with new draft regulations
The powerplay between Chinese authorities and the country's two major digital payment platforms, Tencent’s WeChat Pay and Ant Group’s Alipay is set to further...
