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Alibaba Misses Forecasts on Chinese Consumer Slowdown, Competition
investopedia.com/alibaba-misses-forecasts-on-chinese-consumer-slowdown-competition-11735349
Key Takeaways
- Alibaba missed profit and sales forecasts on slowing consumer spending in China and tougher competition.
- The e-commerce and cloud computing giant posted revenue gains in all of its divisions.
- Despite today's 7.5% drop, U.S.-listed shares of Alibaba are up about 45% in…
This story appeared on investopedia.com, 2025-05-15 16:00:01.934000.