China launches antitrust probe into Alibaba and Ant Group for "picking one from two" strategy - techbrinks

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Friday, 25 December 2020

China launches antitrust probe into Alibaba and Ant Group for "picking one from two" strategy


The Chinese government announced it has started an antitrust investigation into Alibaba, the country's largest tech company, which extends to sister company of Ant Group that was recently targeting an IPO at a valuation of $37 billion.

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