> STOCKSHOTS: Chinese e-commerce giant Alibaba announces 60 percent profit fall / 8UH7TG
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STOCKSHOTS: Chinese e-commerce giant Alibaba announces 60 percent profit fall / 8UH7TG
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Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the latest fiscal year, joining a number of tech firms to report lacklustre results following strict Covid-19 restrictions and a sector crackdown. STOCKSHOTS