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-0.00143811241651629 -0.00160873592356059 -0.000731243601618375 -0.00489933213084383 -0.00419246331594591 -0.00419246331594591 -0.00419246331594591 -0.00419246331594591
Stock impact report

Alibaba Group (BABA)'s Global Expansion: How International Commerce Drives Revenue Growth [Yahoo! Finance]

FTI Consulting, Inc. (FCN) 
Last fti consulting, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.fticonsulting.com
Company Research Source: Yahoo! Finance
Holding Limited (NYSE:BABA) stands against other best internet retail stocks to buy now. According to a report published by FTI Consulting, the United States e-commerce is experiencing a revival after a period of stagnation post-COVID. After 18 months of slow growth, e-commerce sales began to pick up again in early 2023 as consumers resumed shopping habits that had been altered during the pandemic. The report notes that e-commerce sales growth represented 46% of total retail sales growth in 2023 and surged to 57% in the first quarter of 2024, marking its highest contribution since 2017, excluding pandemic spikes. Consumers have adopted the trend of shopping online as despite the reopening of physical stores, many consumers continue to prefer online shopping. The report indicates that foot traffic in stores remains lower than pre-pandemic levels, with many Americans choosing to shop online rather than visit physical locations. This shift suggests a long-term change in consumer beha Show less Read more
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