ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Alibaba squeezed by crackdown as and Pinduoduo pounce

Regulatory scrutiny and scandals put e-commerce leader on the ropes's e-commerce business has boomed, though rising costs in its logistics business dragged down overall earnings.   © Reuters

SHANGHAI -- China's crackdown on Big Tech has shifted the balance in the country's e-commerce market, with and Pinduoduo continuing to thrive while industry leader Alibaba Group Holding bears the brunt of the damage, earnings releases show.

While all three companies face the same regulatory environment, Alibaba has come under particularly heavy pressure over its business practices -- to the direct benefit of its rivals, especially JD.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more