{"id":2402,"date":"2021-09-13T00:00:00","date_gmt":"2021-09-13T00:00:00","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/north\/uncategorized\/alibaba-shares-plunge-as-beijing-seeks-to-break-up-ants-alipay\/"},"modified":"2025-02-28T14:40:50","modified_gmt":"2025-02-28T14:40:50","slug":"alibaba-shares-plunge-as-beijing-seeks-to-break-up-ants-alipay","status":"publish","type":"post","link":"https:\/\/www.techsparx.co.uk\/north\/alibaba-shares-plunge-as-beijing-seeks-to-break-up-ants-alipay\/","title":{"rendered":"Alibaba shares plunge as Beijing \u2018seeks to break up Ant\u2019s Alipay\u2019"},"content":{"rendered":"

China’s regulators targeting payments app as part of tech crackdown, say reports<\/p>\n

Shares in the Chinese technology company Alibaba have fallen sharply after reports said regulators wanted to break up Alipay, the payments app with more than 1 billion users owned by Jack Ma’s Ant Group.<\/p>\n

Beijing is seeking to create a separate app for the company’s highly profitable loans businesses, in the latest crackdown on China’s technology sector by the state’s authorities.<\/p>\n

Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China’s regulators targeting payments app as part of tech crackdown, say reports Shares in the Chinese technology company Alibaba have fallen sharply after reports said regulators wanted to break up Alipay, the payments app with more than 1 billion users owned by Jack Ma’s Ant Group. Beijing is seeking to create a separate app for […]<\/p>\n","protected":false},"author":1,"featured_media":6396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nAlibaba shares plunge as Beijing \u2018seeks to break up Ant\u2019s Alipay\u2019 - Regional technology news - North - TechSparx - Business technology stories in the North<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techsparx.co.uk\/north\/alibaba-shares-plunge-as-beijing-seeks-to-break-up-ants-alipay\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alibaba shares plunge as Beijing \u2018seeks to break up Ant\u2019s Alipay\u2019 - Regional technology news - North - TechSparx - Business technology stories in the North\" \/>\n<meta property=\"og:description\" content=\"China’s regulators targeting payments app as part of tech crackdown, say reports Shares in the Chinese technology company Alibaba have fallen sharply after reports said regulators wanted to break up Alipay, the payments app with more than 1 billion users owned by Jack Ma’s Ant Group. 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