China’s JD.com says watchdog accepts request for probe into rival Alibaba’s practices

A Chinese regulator has formally accepted a request by JD.com, the country's second-biggest online retailer, to investigate its rival Alibaba Group Holding Ltd for possible unfair practices during promotions, JD.com's official microblog said on Thursday. Alibaba, China's biggest e-commerce firm, has previously denied accusations outlined in a JD.com letter to the State Administration for Industry and Commerce (SAIC) in the run-up to Nov

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Net-A-Porter founder quits, will not be on merged group’s board

MILAN/PARIS (Reuters) – Natalie Massenet, founder and executive chairman of online fashion group Net-A-Porter (NAP) abruptly resigned on Wednesday ahead of its planned acquisition by Italy's Yoox. Massenet, regarded as the fashion visionary of the soon-to-be-merged business, was to become its executive chairman and oversee its editorial content, one of NAP's main strengths

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