Alibaba's grip on e-commerce pried loose by rivals and regulators

Pinduoduo beats established leader in active users amid shifting market trends

20210318N Jack Ma

The Alibaba e-commerce empire built by founder Jack Ma is showing cracks. © Reuters

NAOKI MATSUDA, Nikkei staff writer

SHANGHAI -- Alibaba Group Holding, the Chinese e-commerce colossus beset by regulatory scrutiny and intensifying competition, has suffered another blow by losing the lead in domestic users to upstart rival Pinduoduo.

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