World Business Watch: Alibaba misses quarterly expectations; spending slows
Edited By WION Video Desk
Published: Nov 17, 2022, 22:35 IST | Updated: Nov 17, 2022, 22:35 IST
As Covid-19 curves and a worsening economic outlook stifled, Chinese e-commerce giant, has posted low digit rise in quarterly revenue but slightly below expectations and retail spending in China has sacked this year. Alongside government's zero-Covid policy have led to frequent snap lockdowns.
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