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Taiwan tells Alibaba's e-commerce site Taobao site to re-register or leave

The commission was also concerned about information security as user data was sent back to China

Taiwan | Alibaba

Reuters  |  Taipei 

Taiwan on Monday gave the domestic branch of Alibaba Group Holding Ltd's e-commerce site Taobao six months to re-register as a Chinese investment rather than a foreign one, or leave, in the government's latest shot against Chinese firms. Amid growing political tension, Taiwan has stepped up oversight of Chinese investment and the operations of Chinese tech firms on the island. Last week it said it planned to stop local sales of Chinese internet television streaming services, though it does not plan to block them. The investment commission of Taiwan's Economics Ministry ...

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First Published: Mon, August 24 2020. 21:26 IST