China lectures big tech firms, says 'learn from Alibaba'
Shortpedia
Content Team
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After imposing a 2.8 billion dollar fine on e-commerce giant Alibaba, regulators in China have lectured the country's largest tech firms including Tencent Holding, Meituan, and ByteDance, to fear and respect the rules of the industry. China's top tech companies were recently called for a meeting with the aim to ensure that every major internet firm in the country got the message from the fine slapped on Alibaba Group Holding.
