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Mizuho Continues To See Upside In Alibaba, JD, Baidu, Dada Amid Odds

Summary

Mizuho saw a challenging 1H22 for China's internet, given the ongoing disruptions to consumer spending and business activities from COVID restrictions.  Mizuho expects the negative impact to spread across all internet segments, including e-commerce, advertising, and cloud computing.

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Article published on May 2, 2022 by benzinga