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Alibaba Unveils Its Turnaround Plan: Will It Work?


It has been a rough year-plus for Alibaba (NYSE: BABA), which has seen its stock price decline some 60% since hitting all-time highs in October 2020. But with the calendar about to flip to 2022, management hopes to turn the page as well; Alibaba just held an analyst day in which the company laid out its plans to revive growth coming out of this rough period.

But was there really anything game-changing in the new presentation?

Image source: Getty Images.

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Source Fool.com

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