JD.com wins antimonopoly lawsuit against rival Alibaba

JD.com wins antimonopoly lawsuit against rival Alibaba

FILE PHOTO: The logo of Alibaba Group is lit up at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang/File Photo

Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was fined 1 billion yuan ($140.68 million) for monopolistic practices.

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