Advertising Marketing News
Rahul Sachitanand
Feb 14, 2020

Alibaba posts slowest revenue growth in four years

Revenues up 38%, profits 50% in Q3, but first quarterly topline decline on record looms as festering Covid-19 hits business hard

A screen shows Alibaba's sales volume hitting a record 268.4 billion yuan ($38.4 billion) for 24 hours during the 11.11 Global Shopping Festival at the company's headquarters

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