Alibaba Is Counting on These 2 Strategies to Regain Its Glory. Can It Pay Off for Investors?
Alibaba could be a big winner if it pulls off its turnaround plan.Once an investor darling, Alibaba Group (BABA 0.28%) has fallen from grace. A series of challenges, such as the crackdown by the Chinese government, slower growth, and a massive management shuffle, have left shareholders in confusion and disappointment.Still, the tech giant has not given up on its turnaround efforts, and the appointment of the new management team could get the company back on track. Recapturing the hearts of its end usersMost ...