The mounting competitive pressure on Alibaba (NYSE: BABA) has become a shortfall that even the general population is aware of now. Despite having a strong and leading e-commerce platform, competition from peers like Pinduoduo (PDD) and jd.com has become a growing concern for the company. Moreover, the vertical segments that the company operates in, such as food delivery, offline retail, and entertainment, are buzzing with stronger rivals which are keeping Alibaba from holding a leading position in these domains. Furthermore, strict laws in China, especially for the Internet, education, and real estate sectors, continue to water down Alibaba’s growth prospects.
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