A person walks past a signage of Alibaba at the company’s headquarters in Hangzhou, China, on March 24, 2021. Photo: Bloomberg
A person walks past a signage of Alibaba at the company’s headquarters in Hangzhou, China, on March 24, 2021. Photo: Bloomberg
Alibaba

China antitrust: Alibaba’s home province vows to ‘supervise and guide’ the e-commerce giant to rectify violations

  • Zhejiang province will follow Beijing’s order to tame China’s internet giants, said Communist officials, after Alibaba was hit with a record fine
  • E-commerce is a major contributor to Zhejiang’s online economy

A person walks past a signage of Alibaba at the company’s headquarters in Hangzhou, China, on March 24, 2021. Photo: Bloomberg
A person walks past a signage of Alibaba at the company’s headquarters in Hangzhou, China, on March 24, 2021. Photo: Bloomberg
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