Chinese tech giant Alibaba posts 5% quarterly revenue growth
Beijing (AFP) Nov 15, 2024
Chinese tech and e-commerce giant Alibaba on Friday reported moderate revenue growth of five percent in its latest quarter, as Beijing works to stimulate domestic spending. The Hangzhou-based firm operates some of China's most widely used online shopping platforms, making its performance a bellwether for consumer sentiment. Alibaba's revenue during the three-month quarter ending Septembe
Chinese tech and e-commerce giant Alibaba on Friday reported moderate revenue growth of five percent in its latest quarter, as Beijing works to stimulate domestic spending. The Hangzhou-based firm operates some of China's most widely used online shopping platforms, making its performance a bellwether for consumer sentiment. Alibaba's revenue during the three-month quarter ending Septembe
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