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Alibaba posts lacklustre Double 11 sales growth as it shifts focus to customer loyalty

Alibaba posts lacklustre Double 11 sales growth as it shifts focus to customer loyalty

The weak sales growth for this year’s Double 11 shopping festival was largely driven by the depressed consumer sentiment and logistical disruptions under the zero-COVID policy, along with the regulatory scrutiny.

https://tabinsights.com/article/alibaba-posts-lacklustre-double-11-sales-growth-as-it-shifts-focus-to-customer-loyalty