Where Will Alibaba Be in 1 Year?

Where Will Alibaba Be in 1 Year?
Leo Sun, The Motley Fool
·5 min read

The past year has been a volatile one for Alibaba (NYSE: BABA), China's largest e-commerce and cloud platform company. The stock price fell with the broader market as the COVID-19 pandemic hit China in early 2020, but rebounded as its online sales rose and stay-at-home measures boosted the usage of its cloud services. Chinese regulators suspended the long-awaited IPO of Alibaba's fintech affiliate Ant Group, fined Alibaba for its unapproved takeover of InTime Retail, then launched an antitrust probe into its e-commerce business.