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Posts tagged with Alibaba.Com

Alibaba.com focuses on quality, sees net profits drop 25%

Doing the right thing long-term isn't always easy for companies. Just ask Alibaba.com, China's ecommerce giant.

Last quarter, the company made some strategic changes to its business model, and focused in on improving the quality of its marketplace. The result: slower growth which, combined with higher expenses, contributed to a 25% drop in net profit.