Charlotte Yang / Bloomberg:

Alibaba's market value drops to $201B, about half of Tencent's $391B, as it faces sluggish demand and increased competition; Alibaba was valued at $850B in 2020  —  - Companies' values widen after Alibaba cloud announcement  — Alibaba now trades at eight times forward earnings multiples

Charlotte Yang / Bloomberg:

Alibaba's market value drops to $201B, about half of Tencent's $391B, as it faces sluggish demand and increased competition; Alibaba was valued at $850B in 2020  —  - Companies' values widen after Alibaba cloud announcement  — Alibaba now trades at eight times forward earnings multiples

Source: TechMeme
Source Link: http://www.techmeme.com/231117/p1#a231117p1