Under pressure from China, Alibaba’s market value has declined from a peak of $850B in October 2020 to ~$460B today; filings show T. Rowe and others cut stakes (Yifan Wang/Wall Street Journal)

tech (Last Updated On: June 24, 2022)

 Yifan Wang / Wall Street Journal:

Under pressure from China, Alibaba’s market value has declined from a peak of $850B in October 2020 to ~$460B today; filings show T. Rowe and others cut stakes  —  They may have to wait a while for the former market darling to regain its glory  —  SINGAPORE—Investors are betting the worst …

Source: Technology – Techmeme

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