Why Is Alibaba Failing To GROW & BABA Stock Falling?

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2 years ago
17

Alibaba (BABA) faces further selling pressure after posting its weakest quarterly growth rate since going public in 2014 by a wide margin. Regulatory crackdowns by the Chinese government may have initially sparked elevated concerns among investors, but a slowdown in sales across e-commerce and cloud computing has created a snowball effect, sending shares down around 65% from all-time highs reached in October 2020 and over 55% in just the past year. So what has gone wrong?

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