Posted inBusiness

Alibaba crackdown prods worldwide concerns, $200bn China tech defeat

Alibaba Group Holding Ltd drove the second day of exciting selling among China’s biggest tech firms, driven by fears that antitrust examination will spread past Jack Ma’s web domain and overwhelm the nation’s most remarkable partnerships. Alibaba and its three biggest adversaries — Tencent Holdings Ltd., food conveyance goliath Meituan and Inc. — had […]