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Friday, May 14, 2021

Gadgets 360 tech Alibaba Pushed to First Operating Loss Since Going Public Due to China Anti-Monopoly Fine

Alibaba Pushed to First Operating Loss Since Going Public Due to China Anti-Monopoly Fine

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Alibaba posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country's market regulator.

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