Alibaba stumbles amid China’s economic downturn
Alibaba, the Chinese e-commerce giant, has reported a challenging quarter. Revenue missed market expectations, coming in at 243.24 billion yuan, below the projected 249.05 billion. The primary culprit is a slowdown in the Chinese economy, which has dampened consumer spending. #alibaba #china #chinaeconomy About Channel: WION The World is One News examines global issues with…