© Reuters. Alibaba’s 11.11 Singles’ Day international procuring competition
SHANGHAI (Reuters) – Alibaba (NYSE:) Group will introduce measures to decrease entry boundaries and enterprise prices confronted by retailers on e-commerce platforms, CEO Daniel Zhang mentioned on Monday, after an antitrust probe discovered the agency had abused its dominant market place.
China, on Saturday, imposed a file 18 billion yuan ($2.75 billion) high quality on Alibaba amid a crackdown on know-how conglomerates.
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