As it has published 'Reuters', the giant of the e-commerce in China, has noticed during this last quarter the political restrictions of China by the political 'zero-Covid' to which confront, that finally, has finished for damaging the economic activity.
According to the forecasts that handled some analysts, Alibaba expected to grow 3% until the 208.62 trillion yuan, but finally, attained 207.18 trillions, as it presents in the report. The true, is that as it indicates in 'Fashion United', in the previous quarter, the group registered something unusual from his foundation: an invalid growth of his turnover.
Besides, Alibaba registered a decreasing of 1% year-on-year in its sales in China during his last exercise. In spite of this, his sales increased 4% during the year.