{"id":2817,"date":"2021-09-13T10:47:01","date_gmt":"2021-09-13T08:47:01","guid":{"rendered":"http:\/\/costops.com\/index.php\/2021\/09\/13\/alibaba-shares-plunge-as-beijing-seeks-to-break-up-ants-alipay\/"},"modified":"2021-09-13T10:47:01","modified_gmt":"2021-09-13T08:47:01","slug":"alibaba-shares-plunge-as-beijing-seeks-to-break-up-ants-alipay","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/09\/13\/alibaba-shares-plunge-as-beijing-seeks-to-break-up-ants-alipay\/","title":{"rendered":"Alibaba shares plunge as Beijing \u2018seeks to break up Ant\u2019s Alipay\u2019"},"content":{"rendered":"<p>China\u2019s regulators targeting payments app as part of tech crackdown, say reports<\/p>\n<p>Shares in the Chinese technology company Alibaba have fallen sharply after reports said regulators wanted to break up Alipay, the payments app with more than 1 billion users owned by Jack Ma\u2019s Ant Group.<\/p>\n<p>Beijing is seeking to create a separate app for the company\u2019s highly profitable loans businesses, in the latest crackdown on China\u2019s technology sector by the state\u2019s authorities.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2021\/sep\/13\/alibaba-shares-beijing-ant-alipay-china\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/64c89d8b7552378e036448d06dc0696055e90ee5\/0_331_5000_3002\/master\/5000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=9eb55b0d8a523b0a103db01dfe130d65\" title=\"Alibaba shares plunge as Beijing \u2018seeks to break up Ant\u2019s Alipay\u2019\" \/>China\u2019s regulators targeting payments app as part of tech crackdown, say reports<br \/>\nShares in the Chinese technology company Alibaba have fallen sharply after reports said regulators wanted to break up Alipay, the payments app with more than 1 billion users owned by Jack Ma\u2019s Ant Group.<br \/>\nBeijing is seeking to create a separate app for the company\u2019s highly profitable loans businesses, in the latest crackdown on China\u2019s technology sector by the state\u2019s authorities. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s regulators targeting payments app as part of tech crackdown, say reports Shares in the Chinese technology company Alibaba have fallen sharply after reports said regulators wanted to break up Alipay, the payments app with more than 1 billion users owned by Jack Ma\u2019s Ant Group. Beijing is seeking to create a separate app for &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/09\/13\/alibaba-shares-plunge-as-beijing-seeks-to-break-up-ants-alipay\/\"> <span class=\"screen-reader-text\">Alibaba shares plunge as Beijing \u2018seeks to break up Ant\u2019s Alipay\u2019<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":2818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/2817"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=2817"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/2817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/2818"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=2817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=2817"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=2817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}