antitrust
China’s Tech Crackdown Takes A New Victim: Rideshare App Didi
Chinese rideshare company Didi started the week with a $4.4 billion initial public US offering but saw its 25 mobile apps deleted days later. Read MoreWhy Brands Need To Keep Tabs On China’s Turbulent Gaming Sector
As fashion and beauty brands venture into China’s booming gaming industry, they should be wary of Beijing's increasing crackdowns on its tech giants. Read MoreChina Says No to Bitcoin
China continues to clampdown on virtual currencies other than its own digital yuan. This latest refusal to accept digital tokes has sent shares plummeting. Read MoreBeijing Takes Another Swipe At Ant Financial
Chinese regulators hit Alibaba with a record $2.8 billion antitrust fine, and now, are calling for a major overhaul at Ant Financial. Read MoreWill China’s Big Tech Crackdown Affect Luxury
Alibaba’s internet browser has been removed from various Chinese app stores, an escalation of the conflict between Big Tech and Beijing. Read MoreNo Dice for Alibaba Group’s Monopoly
Alibaba’s woes drag on as Beijing continues to clamp down on big tech. This latest move targets the owner of South China Morning Post’s media interests. Read MoreJack Ma Lays Low As Alibaba Rides Quarterly High
On February 2, Alibaba reported that revenue soared 37 percent year-over-year to $33.89 billion in the December quarter, beating analysts’ estimates. Read MoreAnd The Winner Is? WeChat, Of Course!
Having battled all other competitors, WeChat has not only managed to survive, but also thrive, becoming China’s only messaging app. Read MoreWhat Would a Possible Antitrust Investigation into Alipay and WeChat Pay Reveal?
China’s top antitrust agency is looking into whether to launch a probe into the country’s largest online payment platforms. How would this affect retail? Read More