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crackdown

Every story tagged crackdown on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged crackdown

10 stories in this topic

101976153 alibaba headquarters.1910x1000
Aiko TanakaTelecom

A Tech Crackdown Hits Alibaba Profit by Nearly 60%

China’s economy has been battered by the fallout from strict COVID-19 curbs including lockdowns and transport restrictions that have kept consumers home, pushed up unemployment, and tangled supply chains. Alibaba has also had to contend with a wide-ranging…

bitcoin
Minjun ParkFinance

Beijing’s Crypto Crackdown Sends Mining Abroad

Cryptocurrency miners in China are shifting their operations to other markets abroad following Beijing’s latest crackdown. A committee from China’s State Council announced on Friday that it would crack down on crypto, specifically naming Bitcoin as a major…

fintech2
Aiko TanakaFinance

China Widens Regulatory Net for Fintech Crackdown

More than a dozen major technology firms in China are set to face similar restrictions imposed on Jack Ma’s Ant Group as Beijing widens its fintech crackdown. 13 tech titans – including Tencent, ByteDance, JD.com, Meituan and Didi Chuxing – were summoned to a…

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