Once hailed as drivers of economic prosperity and symbols of the country’s technological prowess, Alibaba and rivals like Tencent Holdings Ltd. face increasing pressure from regulators after amassing hundreds of millions of users and gaining influence over almost every aspect of daily life in China.
from Tech-Economic Times https://ift.tt/3mHfoQ5
Wednesday, December 23, 2020
China targets Jack Ma’s Alibaba empire in monopoly probe
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