The Chinese economy is battling multiple headwinds this year, including the COVID-19 pandemic and a drop in retail sales, due to a fall in consumer demand. This has resulted in analysts revising the Gross Domestic Product (GDP) forecast for the country for 2022. Amid these macroeconomic headwinds and regulatory pressure, it remains to be seen how Chinese e-commerce companies will perform this year. Using the TipRanks stock comparison tool, we will compare two Chinese retail giants, Alibaba and JD.com, and see whether we can gauge their performance for the December quarter, using the Website Traffic tool on TipRanks.
https://www.tipranks.com/news/article/alibaba-vs-jd-com-which-chinese-stock-will-better-withstand-the-retail-headwinds?utm_source=advfn.com&utm_medium=referral
Alibaba (NYSE:BABA)
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Alibaba (NYSE:BABA)
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Von Mai 2021 bis Mai 2022 Click Here for more Alibaba Charts.