Chinese e-commerce leader Alibaba on Thursday reported solid 34 percent growth in revenue for the April-June quarter in the latest sign that the coronavirus was having little impact on the company

Shanghai, ( IPP – 20th Aug, 2020 ) :Chinese e-commerce leader Alibaba on Thursday reported solid 34 percent growth in revenue for the April-June quarter in the latest sign that the coronavirus was having little impact on the company.

Hangzhou-based Alibaba said revenue — a key measure of the internet giant’s business health as well as overall Chinese consumer spending — rose to 153 billion Yuan ($22 billion).

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