China's Alibaba waives 2022 guidance citing COVID risks as revenue growth slows

China's Alibaba waives 2022 guidance citing COVID risks as revenue growth slows

People walk by the Alibaba Group logo. Photo: Bloomberg

Alibaba Group on Thursday said it would not give a forecast for the current fiscal year due to COVID-19 risks as it reported its slowest quarterly revenue growth since going public in 2014.

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