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.

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Proposed GST hike may not shake up used car market much

The proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car deal...