Nearly a decade ago, it seemed like the sky was the limit for Alibaba. Much more than an e-commerce company, Alibaba was a major player in digital payments, entertainment and cloud computing. But in 2020, Alibaba’s business started to turn. A regulatory crackdown, plus changing dynamics among Chinese consumers, meant Alibaba’s grip on the market was starting to slip. WSJ China tech editor Liza Lin joins host Alex Ossola to talk about what happened to Alibaba, and what it will take to right the ship. Learn more about your ad choices. Visit megaphone.fm/adchoices