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Alibaba Group Holding is bidding farewell to its golden period of outstanding income and revenue development amid a broad weakening in shopper spending on the earth’s second largest financial system, analysts stated.The Chinese language e-commerce large, proprietor of the South China Morning Publish, reported an 87 per cent year-on-year decline in internet revenue for the September quarter whereas its adjusted revenue fell 39 per cent, marking the corporate’s first fall in adjusted revenue in 22 quarters. The information triggered investor’s to…
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