ALIBABA SHARES SLIDE DESPITE PROFIT BEAT

Wednesday, 04/08/2021 | 06:59 GMT

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Growth in the company’s ecommerce business decelerated in the quarter due to rising competition from smaller peers. Alibaba's cloud segment, a major business for the Chinese company, also delivered a weaker performance than its major rivals in the US.

ADSS Review

Source: https://www.adss.com/en/market-updates/research/alibaba-shares-slide-despite-profit-beat/

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