Alibaba antitrust probe: home province vows to bring platform economy into ‘new stage’

//Alibaba antitrust probe: home province vows to bring platform economy into ‘new stage’

Alibaba antitrust probe: home province vows to bring platform economy into ‘new stage’

The Communist Party leadership of Zhejiang province, the home base of Alibaba Group Holding, has pledged to use Beijing’s antitrust probe as a chance to usher the platform economy and internet finance into a new stage of development, promising better development of the internet economy.The Zhejiang Communist Party held a special meeting on Monday to discuss how to implement the central Chinese leadership’s order to break up monopolies and tame capital expansion while “promoting healthy and…

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By | 2020-12-28T15:49:51+00:00 December 28th, 2020|Business|Comments Off on Alibaba antitrust probe: home province vows to bring platform economy into ‘new stage’