💨 Abstract

Chinese e-commerce giant Taobao has been fined USD 36,900 by Taiwan's Ministry of Economic Affairs for violating local regulations through unauthorized advertising practices. The fine comes amid growing concerns about China's economic influence and suspected use of Taiwan as a conduit for goods. Taobao's promotional activities, including ads in metro stations, were found to exceed the company's approved business scope.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖