![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)](/wp-content/uploads/2023/12/A-look-at-Alibaba039s-decline-since-China-halted-Ant039s-IPO.jpg)
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.