Shortly after the State Administration of Market Supervision imposed an administrative penalty of 18.2 billion yuan on Alibaba for monopolistic behavior, 58.com CEO Yao Jinbo on April 10 posted in his WeChat Moments to call for a national antitrust fine of four billion yuan to be imposed on its own competitor Beike, China’s leading online real estate platform.
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58.com CEO Calls for Four Billion Yuan…
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Shortly after the State Administration of Market Supervision imposed an administrative penalty of 18.2 billion yuan on Alibaba for monopolistic behavior, 58.com CEO Yao Jinbo on April 10 posted in his WeChat Moments to call for a national antitrust fine of four billion yuan to be imposed on its own competitor Beike, China’s leading online real estate platform.