China plans online payment rules that may hit Ant Group, Tencent


Source: business-standard.com business-standard.com

Key Topics in this News Article:

News Snapshot:

Business Standard China plans online payment rules that may hit Ant Group, Tencent The rules present the strongest and most detailed message yet of regulators' plans to curb monopolistic practices in the online payments industry Topics Type address separated by commas Your Email: Enter the characters shown in the image. Send me a copy: https://mybs.in/2ZbLCEt Regulators shocked markets in November by suspending billionaire Jack Ma’s record initial public offering of Ant as they stepped up oversight. ALSO READ Tencent to invest in online education startup Udemy at over $3 bn valuation China proposed measures to curb market concentration in its...