Alibaba's decision to withdraw the spinoff of its cloud business "brings uncertainty to the value-unlocking from reorganization," as per analysts. It is also said that Alibaba is seeing a slower-than-expected turnaround which is also why its stocks were downgraded in the first place. Due to this reason, Alibaba's Jack Ma has also told the company to do whatever it takes to stay on top and not let this slip away from them. Morgan Stanley also says that PDD is currently "best placed amid the increasingly entrenched trait of consumer price sensitivity."