Alibaba (US.BABA), Tencent (DE.NNND) and JD.com (US.JD) all just posted their slowest revenue growth on record - 30 mai 2022

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Versiunea din 21 aprilie 2023 18:19, autor: Admin (discuție | contribuții) (csv2wiki)
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Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth on record as Covid and Beijing’s tech crackdown took their toll.Alibaba’s total revenue rose by 9% in the latest quarter from a year ago, the slowest on record, according to financial history accessed through Wind Information. Tencent’s revenue for the quarter was little changed, while JD.com saw a roughly 18% increase from a year ago — both the slowest on record, according to Wind data. 

Other Chinese companies reporting results for the latest quarter painted a more upbeat picture: Baidu - Chinese tech company Baidu’s mild 1% quarterly revenue increase was only the worst since 2020, a year that saw two quarters of revenue decline, Wind data showed. Dada - Grocery delivery company Dada, which is now majority-owned by JD, reported a 21% year-on-year revenue increase in the latest quarter, the best since the third quarter of 2021, according to Wind.


https://www.cnbc.com/2022/05/27/alibaba-tencent-and-jdcom-post-slowest-revenue-growth-on-record.html

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