Thursday 13 May 2021
Home      All news      Contact us      RSS      English
manilatimes - 1 month ago

China fines biggest conglomerate $2B

BEIJING: Chinese regulators have hit e-commerce giant Alibaba with a massive 18.2-billion-yuan ($2.78-billion) fine over practices deemed to be an abuse of the company’s dominant market position, state-run media reported on Saturday. Xinhua news agency said the State Administration for Market Regulation had assessed the fine after concluding an investigation into Alibaba that began in [ ]


Latest News
Hashtags:   

China

 | 

fines

 | 

biggest

 | 

conglomerate

 | 

Sources