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Beijing online shopping warning hits shares in Chinese tech groups
Alibaba dropped 6.5% and JD.com fell nearly 6% after Beijing regulators summoned five major platforms over misleading 618 festival promotions.
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caixinglobal.com
Beijing Summons E-Commerce Giants Over Excessive Competition
Market regulator orders Taobao, JD.com, Pinduoduo, Douyin and others to halt non-compliant behavior including false advertising during the ongoing ‘618’ shopping festival
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vanguardngr.com
China's Temu, JD.com among 5 summoned over false advertising
Chinese e-commerce giants Temu and JD.com were among five major platforms summoned for talks over misleading advertising on Thursday, Beijing's market watchdog said.
