Chinese e-commerce leader Alibaba's quarterly revenue beat analyst estimates on Wednesday, indicating that the Sino-US trade tiff and a slowing domestic economy were having little impact on the bottom line.
E-commerce giant Alibaba Group's quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers away during its top sale season.
India's Clothing Manufacturers Association has welcomed the clarification issued by the Department of Industrial Policy & Promotion related to e-commerce marketplace, bringing level players for all domestic retailers.
China’s Alibaba lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U.S.-China trade spat, which the company expects will dent revenue ahead of its top sale season.
The CEO of Chinese online retail giant JD.com Inc, Richard Liu, was arrested in Minneapolis last week following an allegation of rape, according to a public information report released by police on Tuesday.