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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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...