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Alibaba slowed by trade spat as China falters

Jan 31, 2019 - City A.M.

CHINESE e-commerce giant Alibaba's revenue grew at its slowest pace in three years last quarter, as the ongoing US-China trade row and a general slowdown in the region weighed heavily on its busiest period.

Asia's second most valuable public company published revenue of 117.28bn yuan (£13.4bn) for the three months to 31 December yesterday, compared with 83bn yuan a year earlier. This slightly fell beneath consensus estimates of 118.9bn yuan, as compiled by Refinitiv. It came after Alibaba...