If the current allegations against Alibaba are found to be true and regulators force Alibaba to loosen its grip on merchants, the company could lose some market share in China's ecommerce market—which is projected to have a value of in 2020—considering merchants would be able to freely sell on competitors' platforms.
And if Ant Group's practices with Alipay are found to be noncompliant with antitrust laws, it might need to contend with restrictions that could dampen its growth opportunities within the payments realm.Join other Insider Intelligence clients who receive this Briefing, along with other Payments & Commerce forecasts, briefings, charts, and research reports to their inboxes each day.
There's a bigger story the media is not reporting. The great black out of China. They claimed China was going through an electricity shortage because they're banning Australian coal. Well shouldn't China have run out by now? Unless they were lying in the first place.