Barclays Keeps Overweight on Alibaba, Citing Gradual China E-Commerce Recovery
Barclays has maintained an overweight rating on Alibaba, saying it expects a gradual recovery in China e-commerce through the second half of 2026 after a softer start to the year. The broker highlighted improving monetisation, an 8% year-on-year rise in customer management revenue excluding contra-revenue items, and narrowing losses in the food-del…