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

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.