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Saturday, 05/20/2023 3:28:38 AM

Saturday, May 20, 2023 3:28:38 AM

Post# of 8269
Alibaba Group Holding Limited demonstrated on May 18 that, despite quarterly revenue falling short of expectations, it has made significant progress towards profitability, following Walmart, which exceeded estimates thanks to resilient customers. The company was historically restructured into six business units, and this is the first report since COVID-19 restrictions were loosened at the end of the previous year.
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