China's crackdown on Big Tech has shifted balance in the country's e-commerce market, with JD.com, Pinduoduo thriving while Alibaba reels under heavy pressure (Naoki Matsuda/Nikkei Asia)

|Zheping Huang /| |Hartley Charlton /| |Andrew Hayward /| |Mark Gurman /| |Arjun Kharpal /| |Robbie Whelan /| |Anna Kramer /| |Dieter Bohn /| |Miles Kruppa /| |Naoki Matsuda /| This is a Techmeme archive page. It shows how the site appeared at 12:05 PM ET, August 30, 2021. The most current version of the site as always is available at our [home](/) page. To view an earlier snapshot click [here](javascript:xdates(1)) and then modify the date indicated. |Paresh Dave /|