--- title: "$Alibaba(BABA.US)If they don't shut down DAMO Academy and cancel the Alibaba Global Mathematics Comp" description: "$Alibaba(BABA.US)If they don't shut down DAMO Academy and cancel the Alibaba Global Mathematics Competition, it would be against all reason! No wonder investors in Alibaba lost so much money! DAMO Aca" type: "topic" locale: "en" url: "https://longbridge.com/en/topics/21913794.md" published_at: "2024-06-18T14:14:31.000Z" author: "[风666666](https://longbridge.com/en/profiles/10193459)" --- # $Alibaba(BABA.US)If they don't shut down DAMO Academy and cancel the Alibaba Global Mathematics Comp $Alibaba(BABA.US)If they don't shut down DAMO Academy and cancel the Alibaba Global Mathematics Competition, it would be against all reason! No wonder investors in Alibaba lost so much money! DAMO Academy has been paying millions in annual salaries for years, burning piles of cash just to indulge in their self-congratulatory Alibaba Global Mathematics Competition. No wonder they got crushed by Douyin and Pinduoduo! ### Related Stocks - [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md) - [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md) - [89988.HK - BABA-WR](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG - Alibaba HK SDR 5to1](https://longbridge.com/en/quote/HBBD.SG.md) - [PDD.US - PDD](https://longbridge.com/en/quote/PDD.US.md) - [BYTED.NA - ByteDance](https://longbridge.com/en/quote/BYTED.NA.md) --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.