China slaps Vipshop with $464,000 fine in clampdown on anti-competitive behaviour

China slaps Vipshop with $464,000 fine in clampdown on anti-competitive behaviour

Brooke Lark/Unsplash

Chinese regulators have hit online discount retailer Vipshop Holdings Ltd with a 3 million yuan ($464,000) fine, the biggest to date in a recent clampdown on anti-competitive behaviour among internet firms.

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