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Alibaba shares slump by more than 10% on slow Chinese spending
Alibaba shares slumped by more than 10% in Hong Kong trade after the Chinese online retail giant warned of a slowdown in consumer spending, BBC reported
Alibaba redraws retail fault lines, bets on physical stores
Alibaba's strategy echoes Amazon's $13.7 billion deal this year for organic offline grocer Whole Foods Market Inc - but with a twist