China's tobacco regulator on Friday issued a notice asking e-commerce platf...
SHANGHAI - China’s tobacco regulator on Friday issued a notice asking e-commerce platforms and businesses to shut online stores that sell electronic cigarette products, in a move aimed at stopping minors from purchasing e-cigarettes through the internet.
It also arrives as a bevvy of Chinese startups race to capture a piece of China’s massive potential market for e-cigarettes. RELX Technology, founded by former employees of Uber China, and SnowPlus, founded by a team of former bitcoin entrepreneurs, are among the domestic market leaders.
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