Alibaba’s Slowing Sales Spook Investors

Alibaba’s Slowing Sales Spook Investors

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Interactive Video

Business

University

Hard

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The transcript discusses Alibaba's financial performance, highlighting the impact of the Ant situation and the company's revenue growth. It notes a slowdown in growth compared to previous quarters, despite a 30% year-over-year increase. The pandemic initially hurt Alibaba, but a recovery followed. However, recent sales suggest a plateau. Ecommerce and cloud services are thriving, with cloud sales up 60%. The Ant issue dominated discussions, with CEO Daniel John stating they are still evaluating its impact.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the year-over-year growth percentage for Alibaba in the September quarter?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the lockdown in China affect Alibaba's performance at the beginning of the year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the sales data from Alibaba suggest about the post-pandemic recovery?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage did cloud sales jump according to the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the CEO's statement regarding the impact of the Ant situation?

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