3 Signs That Alibaba's Turnaround Effort Is Bearing Fruit
Alibaba is working toward regaining its glory.
Alibaba Group (NYSE: BABA) has been on a journey of transformation over the past two years as it prepares for the next growth phase. In this process, the Chinese e-commerce giant almost completely reshuffled its senior leadership team (including its CEO), doubled down on core businesses, and paid more attention to delivering shareholder value.
While its turnaround work is ongoing, there are early indicators that this effort has begun to deliver positive outcomes. Let's dive in and take a closer look.
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