The diversification of online sales in China underlines the problems facing Alibaba, which is attempting an ambitious restructuring while also trying to resurrect its main ecommerce business. Read more at https://on.ft.com/3uJUlq6
#alibaba #china #ecommerce #pinduoduo #douyin #taobao #tmall #asia
Produced and edited by Paolo Pascual.
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes‘