Is Alibaba Stock Worth Buying at a 30% Discount?

The Chinese e-commerce site hit a wall in its growth as competition gets fierce China’s e-commerce giant Alibaba (NYSE: ) is down 30% over the last 12 months and has lost more than three-quarters of its value since the pandemic high in 2020. China’s slowing economy, rising competition and attempts…#alibaba #tmall #taobao #alibabacloud #aliexpress #gmv #cainiao #pddholdings #bytedance #tiktok
Source: Reuters: Health - Category: Consumer Health News Source Type: news