China’s E-commerce Platforms Alibaba, JD.com, Vipshop Fined Over Pricing Complaints

Dec 31, 2020

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*JD.com, Alibaba’s Tmall and Vipshop were each slapped with a fine of 500,000 yuan (US$77,000). (Source: KrAsia)*

China’s market regulator said it fined operators of Alibaba’s Tmall, JD.com and Vipshop for mispricing products in November and early December, as Beijing steps up regulation of the e-commerce sector.

The companies were each slapped with a fin…

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