Alibaba plans for new normal of low growth as crackdown bites

Alibaba Group Holding Ltd. will focus on retaining users rather than pursuing the aggressive market-share grab of years past, re-calibrating its strategy after more than a year of relentless curbs on every facet of China’s internet sector. CEO Daniel Zhang sketched out on Thursday how China’s ecommerce leader will now prioritize user retention over acquisition—a […] The post Alibaba plans for new normal of low growth as crackdown bites appeared first on Digital Commerce 360.