The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Alibaba, hit by Covid in China, posts slowest sales growth since IPO

May 27, 2022
Source: technicalripon.com technicalripon.com
News Snapshot:
Alibaba Group Holding Ltd. posted the slowest revenue growth for the second straight quarter since it went public in 2014, and the Chinese e-commerce giant said the challenges of Covid-19 outbreaks are seriously undermining its operations across China. The impact of Covid-19 restrictions has added to the already heavy financial toll on the company from regulatory measures and economic slowdown. Alibaba said it has been broadly impacted by supply chain and logistics disruptions since mid-March — when a spate of infections with the Omicron variant of the coronavirus hit China. It said cities with new Covid-19 cases accounted for more...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: Alibaba | China | Chinese | content | coronavirus | Covid-19 | e-commerce | Economy | email | Facebook | finance | financial | Google | Internet | ipo | logistics | manufacturing | online shopping | retail | revenue | search engine | social media | supply chain | technology | website

Other News:

Beijing Mobilizes Dual-Track Strategy to Embed AI in Schools and Consumer Economy

June 19, 2026

Admissions open for aviation and logistics management programmes at ASCT’s Lalit Seth Institute

June 19, 2026
livemint.com livemint.com

China may launch Mythos-class AI models before Q1 2027, Zai chief says after GLM 5.2 release

June 19, 2026
indiatoday.in indiatoday.in

DeepSeek asks investors not to poach its employees as competition for AI talent intensifies

June 19, 2026
indiatoday.in indiatoday.in

Seven-storey wellness attraction in Marina South breaks ground, will open in 2030 with slides, saunas

June 19, 2026
straitstimes.com straitstimes.com

'Chaos Zero Nightmare' Enters Top 10 on China's Apple App Store Revenue Chart

June 19, 2026
invenglobal.com invenglobal.com

Innoscience's current products are not affected by both rulings of the Munich Regional Court

June 19, 2026
manilatimes.net manilatimes.net

The problem isn't children on social media. It's how the apps are designed

June 19, 2026
theprint.in theprint.in

Will Jio IPO finally get a date today? What to expect from Mukesh Ambani at RIL AGM

June 19, 2026
economictimes.indiatimes.com economictimes.indiatimes.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.