Retail
March 25, 2021
Although Alibaba has emerged as the leader in luxury ecommerce in China, the past few months have taken a toll on the tech giant. Image credit: Shutterstock
{"ct":"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","iv":"bc2878cad3f23c4db13298563182bdd6","s":"a21878e1af26e2c3"}
Share your thoughts. Click here