Although Alibaba has not been very successful in expanding into Western markets, it is the largest e-commerce company in Asia.
U.S. President Donald Trump on Saturday admitted he is considering banning from the U.S the activity of Alibaba, China’s Internet e-commerce company.
“Besides TikTok, we are planning to ban the activities of other Chinese companies in the U.S., including Alibaba,” Trump said at a press conference.