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[In The News] China’s Lockdowns Kneecapped One Of Its Biggest Tech Companies

by Max Keating at CDN -

Chinese tech giant Alibaba announced Thursday that it posted its first negative quarter of growth since 2014 in Q2 2022, blaming “challenges posed by the COVID-19 resurgence,” according to a press release. Alibaba’s April-June revenue fell 0.1% from the same period one year earlier, the equivalent of $30.7 billion, according …

Click to read the rest HERE-> China’s Lockdowns Kneecapped One Of Its Biggest Tech Companies first posted at Conservative Daily News

Published:8/5/2022 8:59:38 AM
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