Coronavirus: Chinese retail giant Alibaba sees ‘recovery’ after virus
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Chinese e-commerce giant Alibaba said it has seen a “steady recovery” in the country since March, but warned that the path to an economic rebound remains uncertain.
The firm’s sales grew 22% in the three months to 31 March, despite virus-related restrictions denting activity.
The gain was stronger than expected, driven by demand for groceries, electronics and cloud…