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BABA has been in the news 405% more than usual

May 17, 2025, 12:31 PM
-8.63%
What does BABA do
Alibaba Group Holding, based in Hangzhou, Zhejiang, employs 204,891 people and operates in the Broadline Retail industry, providing technology infrastructure and marketing platforms across seven segments. The company went public on September 19, 2014.
BABA has been in the news recently: Alibaba Group Holding reported a 7% year-on-year revenue growth, totaling $32.58 billion, which was below analysts' expectations of $33.08 billion. Following these mixed fiscal results, Alibaba's stock fell by 7.2%, contributing to declines in shares of competitors like JD.com and PDD Holdings.
📡️ Consumer Discretionary
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