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Chinese E-commerce Giant Alibaba Suffers Series Of Setbacks In China

TIANJIN, CHINA - OCTOBER 25: An Alibaba logo displays on the lawn in front of Ali Tianjin center (Alibaba's artificial intelligence headquarter) on October 25, 2022 in Tianjin, China. Alibaba reigned supreme over China’s $2.6 trillion e-commerce market, but that is changing fast due to the “zero-COVID” policy, the slowdown of Chinese economy and competition from major social media platforms. Since mid-2021, the company has suffered a series of severe setbacks with its share price from a peak of $228 to just over $65 recently. (Footage by Zhang Peng/Getty Images)
TIANJIN, CHINA - OCTOBER 25: An Alibaba logo displays on the lawn in front of Ali Tianjin center (Alibaba's artificial intelligence headquarter) on October 25, 2022 in Tianjin, China. Alibaba reigned supreme over China’s $2.6 trillion e-commerce market, but that is changing fast due to the “zero-COVID” policy, the slowdown of Chinese economy and competition from major social media platforms. Since mid-2021, the company has suffered a series of severe setbacks with its share price from a peak of $228 to just over $65 recently. (Footage by Zhang Peng/Getty Images)
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DETAILS

Credit:
Zhang Peng
Editorial #:
1440209903
Collection:
Getty Images News Video
Date created:
October 25, 2022
Upload date:
License type:
Rights-ready
Release info:
Not released.More information
Clip length:
00:00:12:40
Location:
Tianjin, China
Mastered to:
QuickTime 10-bit ProRes 422 Standard 4K 3840x2160 60p
Source:
Getty Images News Video
Object name:
alibaba