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A look at Alibaba's decline since China halted Ant's IPO in 2020, losing its online shopping dominance to rival PDD last week, and roadblocks in revival plans (Wall Street Journal)

By: Feed Avenue

Date:

December 8, 2023

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Wall Street Journal:

A look at Alibaba’s decline since China halted Ant’s IPO in 2020, losing its online shopping dominance to rival PDD last week, and roadblocks in revival plans — The Chinese e-commerce giant lost its lead—even in online shopping — SINGAPORE—Chinese internet titan Alibaba Group Holding once seemed invincible.

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