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Alibaba’s 80% loss may extend on competition worries
China’s online retail market has grown crowded, with stalwarts Alibaba and JD.com facing new entrants including Douyin Mall, run by TikTok owner ByteDance.
China’s online retail market has grown crowded, with stalwarts Alibaba and JD.com facing new entrants including Douyin Mall, run by TikTok owner ByteDance.