Alibaba, hit by covid in China, posts slowest revenue growth since IPO
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3 min read . Updated: 26 May 2022, 06:18 PM IST - The e-commerce giant says it has been significantly hit by Covid-19 outbreaks since mid-March
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Premium 3 min read . Updated: 26 May 2022, 06:18 PM IST Chinese e-commerce giant Alibaba Group Holding Ltd. posted its slowest quarterly revenue growth since it went public in 2014, as China’s Covid-19 restrictions and an economic slowdown added to the financial toll of a regulatory crackdown.
