Posted inChina

Tencent plays it safe after Alibaba’s anti-trust blow

Chinese tech, social media and gaming juggernaut Tencent has emerged as a next potential target after Beijing’s monopoly busters tackled rival Alibaba last week. Alibaba was hit with a record 12.8 billion yuan (US$1.2 billion) fine for asking merchandisers to sell exclusively on its online marketplaces to reduce and undercut competition.  Tencent’s products including messaging […]