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Alibaba Group Holding Limited (BABA) has showcased a resilient performance amid regulatory pressures and economic headwinds. The company’s diverse business portfolio, including its core e-commerce and cloud computing segments, has driven double-digit growth in key metrics such as gross merchandise value (GMV). Despite cautious consumer spending in China, Alibaba has observed early signs of recovery in its primary e-commerce operations. CEO Eddie Wu’s commitment to further investments is beginning to yield results.
