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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) 08-12-2023

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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