China Hits Alibaba With Anti-monopoly Investigation

China regulators kicked off an investigation into alleged monopolistic practices at Alibaba Group Holding Ltd. the country’s second largest private sector company and summoned affiliate Ant Group Co. to a high-level meeting over financial regulations, escalating scrutiny over the twin pillars of billionaire Jack Ma’s internet empire. Alibaba has interests that range from e-commerce to … Continue reading China Hits Alibaba With Anti-monopoly Investigation