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Supermarkets and Grocery Stores

Alibaba Feels the Pinch From China’s Slowing Growth

SHANGHAI — A slowing economy is taking a toll on China’s biggest e-commerce company. The Alibaba Group on Friday reported $12.4 billion in revenue for the latest quarter, a 54 percent increase from a year earlier but less than analysts’ estimates. The company also said it was lowering its estimate …

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