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China’s market regulator fines Tencent, Alibaba, others for M&A deals

The government will tighten supervision on platform companies in 2022, a regulatory official said.

2 mins read
  • Meituan’s revenue from food delivery was more than double that of Alibaba’s Ele.me in Q3 2021.

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    Alibaba’s local consumer businesses reportedly plan layoffs as they lose ground to Meituan

    2 mins read

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