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Alibaba Stock Drops. A Rival’s Success Might Act as a Call for Action.

2023-11-29 19:24
Alibaba stock has been suffering after it abandoned its cloud spinoff plans. Plaudits for the performance of Chinese e-commerce rival PDD are adding more pressure for change.
Alibaba Stock Drops. A Rival’s Success Might Act as a Call for Action.

Alibaba stock has been suffering after it abandoned its cloud spinoff plans. Plaudits for the performance of Chinese e-commerce rival PDD are adding more pressure for change.