Alibaba (NYSE:BABA) recently delivered better-than-expected September quarter earnings. Following the announcement, this Chinese internet giant’s ADS (American Depositary Share) closed 7.8% higher on November 17. However, challenges stemming from macro weakness in China, regulatory headwinds, and a slowdown in its growth continue to persist, which is why investors should be cautious before investing in BABA stock.  Let’s Get Into the Details Alibaba’s top line inched up 3% in the September quarter. However, what catches the eye is the 7% decline in customer management revenue. A drop in customer management revenue reflects softer consumption trends and increased competitive headwinds.
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Alibaba (NYSE:BABA)
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Alibaba (NYSE:BABA)
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Von Jan 2022 bis Jan 2023 Click Here for more Alibaba Charts.