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China fines 3 online vendors for misreported prices, sales

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BEIJING – China’s market regulator on Thursday fined JD.com Inc., a unit of Alibaba Group and a third e-commerce outlet on charges of misreporting prices and other offenses amid a campaign to tighten official control over the booming industry.The ruling Communist Party encourages e-commerce and other online industries but worries about the dominance of major competitors.

Party leaders say anti-monopoly enforcement, especially against online companies, will be a priority in the coming year.JD.com, Alibaba’s Tmall and Vipshop E-Commerce Ltd.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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