{"id":2277,"date":"2021-03-03T07:30:21","date_gmt":"2021-03-03T07:30:21","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=2277"},"modified":"2021-03-03T07:30:21","modified_gmt":"2021-03-03T07:30:21","slug":"community-group-buying-chinese-regulators-fine-businesses-tied-to-big-tech-for-price-dumping","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=2277","title":{"rendered":"Community group buying: Chinese regulators fine businesses tied to Big Tech for price dumping"},"content":{"rendered":"<p>Source: South China Morning PostChina\u2019s market regulator has fined some of the country\u2019s largest tech players involved in a fast-growing e-commerce model for slashing prices to edge out competitors, in Beijing\u2019s latest move to rein in China\u2019s Big Tech.Alibaba Group Holding-backed start-up Nice Tuan and the community group buying units under e-commerce platform Pinduoduo, ride-hailing firm Didi Chuxing and online delivery company Meituan were each fined 1.5 million yuan (US$232,000) for breaching the country\u2019s price law, while\u2026<a href=\"https:\/\/www.scmp.com\/tech\/policy\/article\/3123894\/community-group-buying-chinese-regulators-fine-businesses-tied-big-tech\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostChina\u2019s market regulator has fined some of the country\u2019s largest tech players involved in a fast-growing e-commerce model for slashing prices to edge out competitors, in&hellip; <\/p>\n","protected":false},"author":0,"featured_media":2278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/2277"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2277"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/2277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/2278"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2277"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}