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Managing great expectations at Alibaba

About US$70 billion of market value eroded since November as firm's dominance at home is challenged

Hong Kong

AFTER Alibaba Group Holding Ltd raised a record US$25 billion last year, founder Jack Ma said that the Chinese e-commerce company faced the danger of high expectations. He might be right.

About US$70 billion of market value has evaporated since Mr Ma made that statement

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