Alibaba seeks to reassure investors as Beijing’s business crackdown grows
By Jill Disis and Chris Isidore, CNN Business Alibaba sought to reassure investors by unveiling a 50% increase in its share repurchase plans Tuesday while reporting somewhat mixed results. The Chinese online shopping behemoth has been slammed in recent months by Beijing’s widening crackdown on private business, stoking concerns about its future. On Tuesday, it
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