Alibaba's sharp dive — wealth management firm weighs in on what's behind it

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Alibaba’s sharp dive — wealth management firm weighs in on what’s behind it

Duration: 02:19 32 mins ago

Gil Luria of D.A. Davidson & Co. says the slowdown in Chinese consumer spending is a key reason for Alibaba’s slump, but rising competition in China’s e-commerce industry has emerged as another important factor.

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