Alibaba, along with other Chinese internet firms such as Tencent and ByteDance, saw their advertising revenues drop in 2021. Photo: Reuters
Alibaba, along with other Chinese internet firms such as Tencent and ByteDance, saw their advertising revenues drop in 2021. Photo: Reuters
Regulation

China tech crackdown: Alibaba, Tencent, ByteDance posts weaker ad revenue growth in 2021, report says

  • Growth of China’s internet advertising market declined last year, as regulatory pressure on tech firms increased
  • Antitrust investigations and a ban on off-campus tutoring services dampened online advertising business on the mainland

Topic |   Regulation
Alibaba, along with other Chinese internet firms such as Tencent and ByteDance, saw their advertising revenues drop in 2021. Photo: Reuters
Alibaba, along with other Chinese internet firms such as Tencent and ByteDance, saw their advertising revenues drop in 2021. Photo: Reuters
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