When Jack Ma does step down from running Alibaba, what will his successors face? In e-commerce, Tencent is angling into Alibaba's stronghold by integrating social elements into e-shopping. The speed at which Pinduoduo has ramped up shows the forces at work in China's next-generation of emerging companies. It will be hard for new leaders to take Alibaba into a next era of growth. In their favor is the fact that only 20 percent of China's retail sales are online, so lots of room to grow.

Source: Forbes September 09, 2018 23:26 UTC