Alibaba cuts sales forecast on economic uncertainty, trade fears

Alibaba cuts sales forecast on economic uncertainty, trade fears

5 years ago
Anonymous $yysEBM5EYi

https://www.reuters.com/article/us-alibaba-results/alibaba-cuts-sales-forecast-on-economic-uncertainty-trade-fears-idUSKCN1N715T

China's Alibaba Group Holding Ltd lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U.S.-China trade spat, which the company expects will dent revenue ahead of its top sale season.

Alibaba cuts sales forecast on economic uncertainty, trade fears

Nov 2, 2018, 2:32pm UTC
https://www.reuters.com/article/us-alibaba-results/alibaba-cuts-sales-forecast-on-economic-uncertainty-trade-fears-idUSKCN1N715T >China's Alibaba Group Holding Ltd lowered its full-year sales forecast on Friday due to concerns about the economic impact of a U.S.-China trade spat, which the company expects will dent revenue ahead of its top sale season.