Thursday, August 4, 2022

Alibaba revenue growth stagnates for the first time as a result of China's lockdowns

The slowdown adds to challenges facing China's e-commerce giant, which has enjoyed double-digit revenue growth almost every quarter since it went public in 2014, as it navigates Beijing's crackdown on tech companies as well as its scrutiny of founder Jack Ma.

from Gadgets Now https://ift.tt/khxjwOY

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...