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OPINION

Published 13:34 IST, August 16th 2024

Alibaba and JD reveal two ways to cope in downturn

Alibaba on Aug. 15 reported revenue of 243.2 billion yuan ($33.5 billion), an increase of 4% year-on-year, in the three months to end-June.

Reuters Breakingviews
Hudson Lockett
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Jack Ma Alibaba shareholding
Jack Ma Alibaba | Image: Jack Ma
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13:34 IST, August 16th 2024