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Alibaba Platforms Likely Held Up Well During China's Midyear Shopping Event

Alibaba Platforms Likely Held Up Well During China's Midyear Shopping Event

Alibaba's e-commerce platforms may have held up well during China's midyear shopping event, as smaller short-video platforms' sales growth wasn't as strong as expected, Citi analysts led by Alicia Yap said in a research note.