Alibaba Pushed to First Operating Loss Since Going Public Due to China Anti-Monopoly Fine Alibaba's US-listed shares have fallen more than 30 percent since hitting a record high in late October. By Reuters | Updated: 14 May 2021 11:17 IST Alibaba forecast revenue of CNY 930 billion (roughly Rs. 10,59,000 crores) for year ending March 2022 Highlights It was due to a top customer with a "sizeable presence outside of China" Alibaba's US listed shares have fallen more than 30 percent China's top e-commerce platform Alibaba Group on Thursday posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country's market regulator.