scorecardresearchAlibaba Stock Recovery Hits Roadblocks Ahead of Earnings Report

Alibaba Stock Recovery Hits Roadblocks Ahead of Earnings Report

Updated: 04 Aug 2022, 07:50 AM IST
TL;DR.
Alibaba Group Holding Ltd. faces a reality check as the e-commerce giant reports quarterly results on Thursday.
The mascot for Alibaba Group Holding Ltd.'s Taobao e-commerce platform at the company's affiliated hotel in Hangzhou, China, on Tuesday, Aug. 2, 2022. Alibaba is�expected�to record its first-ever decline in quarterly revenue -- one of the few major Chinese internet corporations to do so, ever. Photographer: Qilai Shen/Bloomberg

The mascot for Alibaba Group Holding Ltd.'s Taobao e-commerce platform at the company's affiliated hotel in Hangzhou, China, on Tuesday, Aug. 2, 2022. Alibaba is�expected�to record its first-ever decline in quarterly revenue -- one of the few major Chinese internet corporations to do so, ever. Photographer: Qilai Shen/Bloomberg