Alibaba shares pop 5% after earnings beat — but reports first flat revenue growth in history - CNBC
8/4/2022 12:00:00 AM3 years 7 months ago
by Arjun Kharpal
by Arjun Kharpal
In the quarter, Alibaba faced a number of headwinds including a resurgence of Covid and lockdowns that led to a sluggish Chinese economy.
Alibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's gr… [+4752 chars]
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