World

China Targets Jack Ma’s Alibaba Empire In Monopoly Investigation, Companies & Markets News & Top Stories

[ad_1] BEIJING (BLOOMBERG) – China launched an investigation into alleged monopolistic practices at Alibaba Group Holding and convened affiliate Ant Group for a high-level meeting on financial regulations, intensifying scrutiny on the twin pillars of billionaire Jack Ma’s internet empire. . The State Administration for Market Regulation is investigating Alibaba, …

Read More »

China targets Jack Ma’s Alibaba empire in monopoly probe

[ad_1] The headquarters of Alibaba Group Holding Ltd. in Hangzhou, China. Photographer: Qilai Shen / Bloomberg Photographer: Qilai Shen / Bloomberg China launched an investigation into alleged monopolistic practices in Alibaba Group Holding Ltd. and affiliate Ant Group Co. convened a high-level meeting on financial regulations, intensifying scrutiny on the …

Read More »