Bad Times For China E-Commerce? [Forbes]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Forbes
Warehouse workers prepare for 'Double Eleven' online shopping festival in Lianyungang, Jiangsu... [+]Province of China.Wang Chun/VCG via Getty ImagesReaders of this column will know that I am a longtime bull on China e-commerce. To my mind, e-commerce is one of the great success stories of the modern era, and in China, it reflects an embrace of both technology and internationalization, strengthening the purchasing power of consumers, improving the national logistics infrastructure, and allowing smaller merchants to compete on a more equal footing. There are many strands to the story, but the gist of it is that China e-commerce firms lead the world not just in sales volume but also in innovation, pioneering same-day delivery, live stream marketing, as well as augmented reality and virtual reality showrooms.But is the shine starting to come off? Recent events have begun to cast a shadow over China’s e-commerce sector. Last November, Chinese regulators blocked the public listing of Ant F
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