ALIBABA REPORTS SLOWEST GROWTH YET AMID COVID-19 OUTBREAKS
May 28, 2022
2 minutes
Alibaba Group Holding Ltd. on Thursday reported a single-digit increase in its fourth-quarter revenue, its slowest quarter yet as its online services and e-commerce businesses took a hit amid COVID-19 lockdowns across China.
Revenue increased 9% to 204.05 billion yuan ($30.3 billion) in
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