Alibaba-linked shopping platform closes in Taiwan under pressure

Move follows regulatory finding that Chinese company obscured its involvement

20201015 Taobao

Taiwanese authorities alleged the U.K.-based company that operated Taobao Taiwan is in effect controlled by Alibaba Group Holding. (Photo by Yu Nakamura)

NIKKI SUN, Nikkei staff writer

HONG KONG -- Taobao Taiwan, a local affiliate of Chinese internet shopping leader Alibaba Group Holding, has shut down its online platform under regulatory pressure.

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