( December 14, 2020, 07:36 GMT | Official Statement) -- MLex Summary: Alibaba Investment, a subsidiary of Chinese e-commerce giant Alibaba Group Holding, has been fined 500,000 yuan ($76,448) by the State Administration for Market Regulation for failing to notify its acquisition of a combined 73.79 percent stake in shopping-mall operator Intime Retail (Group), according to a penalty decision published today by the regulator. The deal met the prescribed notification threshold, but it had no anticompetitive impact, the regulator said in the penalty decision.The statement follows and the penalty decision is attached....
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