News Snapshot:
Home » Technology » China begins anti-monopoly investigation into Alibaba China begins anti-monopoly investigation into Alibaba On 3:26 am In Technology by Rasheed Sobowale Kindly Share This Story: Alibaba Chairman Jack Ma China has launched an anti-monopoly investigation into Alibaba, regulators said Thursday, heaping further pressure on the e-commerce giant and sending its share price tumbling. Regulators will also hold “supervisory and guidance†talks with Alibaba’s gigantic financial services subsidiary Ant Group, state media reported, just weeks after its record-breaking IPO was halted at the last minute by Beijing. The moves demonstrate mounting state pressure on one of the country’s...
