Chinese tech giants had their worst quarterly growth on record, thanks to Beijing's zero-Covid policy - CNBC
In the second quarter, Alibaba posted its first ever flat year-on-year quarterly revenue growth and Tencent reported its first sales decline on record.
Chinese technology giants including Alibaba have seen slower-to-no-growth as China's economy faces weakness as a result of Beijing's zero-Covid policy.
Chinese technology giants are coming off the b… [+4072 chars]
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