China launches monopoly probe into Alibaba

Video Credit: Reuters Studio
Published on December 24, 2020 - Duration: 01:45s

China launches monopoly probe into Alibaba

China has launched an investigation into Alibaba Group for suspected monopolistic behavior and will summon its Ant Group to meet in coming days, regulators said on Thursday, in the latest blow for Jack Ma's e-commerce and fintech empire.

Bryan Wood reports.


You are here

Related news from verified sources

China kicked off an investigation into alleged monopolistic practices at Alibaba Group Holding Ltd and summoned affiliate Ant Group Co to a high-level meeting...
on December 24, 2020 • IndiaTimes

China has launched an investigation into Alibaba Group for suspected monopolistic behaviour, regulators said on Thursday. A probe has been launched into...
on December 24, 2020 • IndiaTimes

You might like