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Alibaba Holdings Ltd (NYSE:BABA) Bringing Taobao Deals To WeChat Platform As Regulatory Crackdown Intensifies

Chinese e-commerce giant Alibaba Holdings Ltd  (NYSE:BABA) has announced plans to offer its bargain service on Tencent Holdings Ltd.’s WeChat messaging platform, which is a major concession to an antitrust campaign. Alibaba to launch Taobao Deals app in Tencent’s WeChat Platform The growing antitrust campaign from Chinese regulators on web-based monopolies prompted Alibaba to take […]