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Earnings Results: Alibaba sees China retail volume growing near pre-pandemic levels but stock falls amid U.S.-China tensions

22 May 2020

Alibaba Group Holding Ltd. said that volume on its China retail marketplaces was back to growing near pre-pandemic levels, but its shares dropped about 4% in Friday morning trading on a weak day for Chinese internet stocks given new fears about U.S.-China relations.


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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

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