Tencent and Meituan face fines from China’s anti-trust regulators

Chinese regulators are continuing to crack down on the country’s tech giants with Tencent and food delivery platform Meituan being the latest targets. Last month, Alibaba was fined a record 18.2 billion RMB ($2.8 billion) by antitrust regulators for breaching competition laws. Regulators then issued a warning to thirty-four internet companies (including Tencent and Meituan) to … Continue reading Tencent and Meituan face fines from China’s anti-trust regulators