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Alibaba sheds $20 billion in market value after scrapping plans to list its cloud business
Finance

Alibaba sheds $20 billion in market value after scrapping plans to list its cloud business

November 17, 2023 admin-dominor

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Alibaba lost more than $21 billion in market cap off the back of its ill-fated cloud spinoff plans, according to CNBC calculations of data from FactSet.

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