ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China tech

China moves to disrupt Alibaba's iron grip on vendors

Authorities no longer able to turn blind eye to anti-competitive practices

Despite almost six months of violent anti-government protests, Alibaba's $12.9 billion share sale in Hong Kong, which prices on Wednesday, will be the world's largest equity offering this year.    © Reuters

SHANGHAI -- When China's e-commerce giant Alibaba Group Holding gave an ultimatum to Chinese home appliance manufacturer Galanz, the world's largest microwave maker did the unthinkable. It refused.

"If you want to continue to sell on Alibaba, you will have to stop dealing with Pinduoduo," a Galanz manager said he was told. Pinduoduo is the country's third-largest e-tailer.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more