Alibaba's profit in Q4 tumbles due to equity investments, New York-listed stock plunges

Chinese e-commerce company Alibaba Group Holding on Tuesday posted a greater-than-expected decline in profit for the fourth quarter due to its equity...

By: Yahoo Entertainment

May 26 2024
23
5241 Views

HONG KONG (AP) Chinese e-commerce company Alibaba Group Holding on Tuesday posted a greater-than-expected decline in profit for the fourth quarter due to its equity investments, sending its stock pri… [+1908 chars]

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