How Chinese Tech Giant Alibaba Lost Its Mojo
Nearly a decade ago, it seemed like the sky was the limit for Alibaba. Much more than an e-commerce company, Alibaba was a major player in digital payments, entertainment and cloud computing. But in 2020, Alibaba’s business started to turn. A regulatory crackdown, plus changing dynamics among Chinese consumers, meant Alibaba’s grip on the market was starting to slip. WSJ China tech editor Liza ...
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Dec 07, 2023