Good for long term because they are investing in development of their business like cloud computing. Revenue is still up yoy and consumers are growing. Hold for the long term, there will be rocky days like today
Alibaba slid over 9% in morning trading as its net profit fell down 87% year-on-year<blockquote>阿里巴巴-SW早盘下跌逾9%,净利润同比下降87%</blockquote>