Alibaba, JD.com drop as Beijing rebukes 618 discount pitches
What's new: China's regulator also called in PDD, ByteDance and Xiaohongshu over allegedly misleading subsidy claims.
What's new: China's regulator also called in PDD, ByteDance and Xiaohongshu over allegedly misleading subsidy claims.
What's new: Alibaba stock fell as much as 5.9% in Hong Kong after an internal rebuke of DingTalk's management and AI push.