How the Antitrust Crackdown on Alibaba Could Affect SINA and Weibo
Alibaba (NYSE: BABA) could be forced to divest its media assets as part of the Chinese government's sweeping antitrust actions against the company, according to The Wall Street Journal. Alibaba reportedly won't be forced to divest its direct subsidiaries, which include its streaming video platform Youku Tudou, its film production unit Alibaba Pictures, its video game publisher Lingxi Games, and its software division UCWeb.