China’s antitrust watchdog has handed another round of penalties to the country’s tech giants including Alibaba and Tencent that involve investments in two of the country’s leading drinks trading platforms in ongoing crackdown on monopolies. Read More
1919.cn
China’s biggest online drinks retailer 1919.cn has reportedly closed 20 offline stores in Shanghai and is planning more closures nationwide amid the country’s slowing economy, according to Chinese media. Read More