Friday, December 29, 2023

JD.com says a Beijing court fined Alibaba ~$141M after finding that Alibaba's Tmall adopted monopolistic practices known as "choosing one from two" (Reuters)

Reuters:
JD.com says a Beijing court fined Alibaba ~$141M after finding that Alibaba's Tmall adopted monopolistic practices known as “choosing one from two”  —  Chinese online retailer JD.com (9618.HK) said on Friday that it won a lawsuit against rival Alibaba (9988.HK) …



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A profile of Zach Frankel, a secretive and unusually hands-on solo investor who wrote the first checks to startups like Ramp, Cognition, and Applied Compute (Jemima McEvoy/The Information)

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