Alibaba's Profit Falls as E-Commerce Giant Ramps Up Investments - Wall Street Journal

Alibaba's Profit Falls as E-Commerce Giant Ramps Up Investments - Wall Street Journal

Wall Street Journal

Alibaba's Profit Falls as E-Commerce Giant Ramps Up Investments
Wall Street Journal
In the last three months, Alibaba has ramped up its investments, snapping up stakes in companies in brick-and-mortar retail and growing its control of affiliates such as Southeast Asia's Lazada and Ant Financial Services Group Co. The Hangzhou-based ...

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