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Alibaba struggles to follow Amazon beyond e-commerce

New CEO under pressure to cultivate cloud and physical retail businesses

Alibaba's Xixi campus in Hangzhou, Zhejiang Province, China. The e-commerce giant seeks Amazon-like growth into multiple fields. (Source: www.alibabagroup.com)
Alibaba's Xixi campus in Hangzhou, Zhejiang Province, China. The e-commerce giant seeks Amazon-like growth into multiple fields. (Source: www.alibabagroup.com)

SHANGHAI/NEW YORK -- Alibaba Group Holding built its empire on China's e-commerce market, but the company is laboring to end its reliance on online sales as the economy teeters by following Amazon's lead into cloud services.

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