Here's Why 2025 Could Be the Year of Redemption for Alibaba Stock
BABA(BABA) ZACKS·2024-12-19 16:11
Alibaba (BABA) is positioning itself for a potential turnaround in 2025, backed by China's expansionary monetary policy and the company's strategic initiatives. The recent second-quarter fiscal 2025 earnings revealed steady growth across core segments, with revenues reaching $33.7 billion, beating analyst expectations.Monthly active consumers on Taobao and Tmall reached new all-time highs, while the implementation of a 0.6% software service fee and increased adoption of AI-powered marketing tools signal imp ...