Firstpost | 28/05/2020 08:57 PM | Click to read full article
While many companies are hurting from disruption caused by the virus, Alibaba has seen traffic at its online marketplaces shoot higher and demand grow for services like food delivery. Its executives had predicted in February that the virus would cause sales to drop. Analysts said the virus and Alibaba's strengthening position were likely to reinforce trends that worry some in China and elsewhere.
