Alibaba's AliExpress warns of possible coronavirus delays

AliExpress, the global e-commerce platform of Chinese online shopping giant Alibaba, warned customers in a Facebook post on Tuesday that there may be some delivery delays due to the coronavirus outbreak. AliExpress is one of the most downloaded shopping apps globally, part of a growing e-commerce trend in which consumers worldwide buy goods such as mobile phone cases and clothing directly from manufacturers mostly based in China. Alibaba Group warned in February of a drop in revenue at its key e-commerce businesses as the coronavirus sweeping China hit supply chains and deliveries. …read more

Source:: Yahoo Finance

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