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
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","iv":"bd43820220beda5f215925981ddc624a","s":"cb79eed355b759b2"}
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