Alibaba sheds $20 billion in market value after scrapping plans to list its cloud business
November 17, 2023 Comments Off
Alibaba lost more than $21 billion in market cap off the back of its ill-fated cloud spinoff plans, according to CNBC calculations of data from FactSet.
Alibaba sheds $20 billion in market value after scrapping plans to list its cloud business
Alibaba lost more than $21 billion in market cap off the back of its ill-fated cloud spinoff plans, according to CNBC calculations of data from FactSet.
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