Alibaba's China commerce retail division accounted for 63% of revenue in the September 2021 quarter.
Alibaba And Other Chinese Stock Investors Remain Cautious Over China's Political Body Forum With Leading Firms
As of 2020, Alibaba has the sixth-highest global brand valuation.
After an upward retracement after the end of June decline we are seeing now a renewed attempt to get higher again.
The Innovation Initiatives and Others segment includes businesses such as AutoNavi, DingTalk, and Tmall Genie.
9988 Stock Price and Chart — HKEX:9988 — TradingView
Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Alibaba is also unable to forecast a recovery trajectory, nor are they able to forecast when such spend will slow or cease.
It owns and operates a diverse portfolio of companies around the world in numerous business sectors.
The company is still also facing queries about its data governance.
It was not helped by the challenging broader macro conditions with events such as the continued China tech regulatory actions and the escalating Russia-Ukraine conflict taking place in quick succession.
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