China launches monopoly probe into travel giant Trip.com
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China launches monopoly probe into travel giant Trip.com
SHANGHAI, Jan 14 — China’s market regulator said Wednesday it was investigating the country’s largest online travel provider Trip.com Group for suspected violations of the monopoly law. Beijing has previously taken tough regulatory action on major internet companies over monopoly charges, notably l»»»
China’s e-commerce players rush into instant retail with heavy cost
SHANGHAI: China’s top online shopping companies, Alibaba and JD.com, are quickly expanding into instant retail — where deliveries arrive within 30 to 60 minutes. However, this push for speed is coming at a high price, as they offer big discounts to attract customers and compete for market share. In»»»
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