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Alibaba quarterly revenue growth slowest on record as business in China remains hobbled by tightened regulation, weak consumer spending

February 27, 2022
Source: vnexplorer.net vnexplorer.net
News Snapshot:
Alibaba Group Holding reported a 10 per cent revenue increase in the three months ended December 31, marking its slowest sales growth since it went public in 2014, as Beijing’s scrutiny of Big Tech firms continued and consumer spending remained weak amid recent outbreaks of Covid-19 across the country. the latest tech news, global tech news daily, tech news today, startups, usa tech, asia tech, china tech, eu tech, global tech, in-depth electronics reviews, 24h tech news, 24h tech news, top mobile apps, tech news daily, gaming hardware, big tech news, useful technology tips, expert interviews, reporting on the business...
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