Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans

Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans

Reuters/Aly Song <ul> <li>Alibaba has lost $26 billion in market cap since Thursday, after it shelved plans to spin off its cloud business.</li> <li>Executives said they needed to "reset" strategy, … [+2548 chars]

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