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Alibaba Misses Forecasts on Chinese Consumer Slowdown, Competition
U.S.-listed shares of Alibaba Group dropped Thursday as the e-commerce giant missed profit and sales forecasts on slowing consumer spending in China and tougher competition.

Read the Full Investopedia Article at:
https://www.investopedia.com/alibaba-misses-forecasts-on-chinese-consumer-slowdown-competition-11735349
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