The content originally appeared on: CNN But its momentum is seriously slowing down as China's economy weakens and as Beijing has tightened its grip on the tech industry. Alibaba said that total gross merchandise volume (GMV) reached 540.3 billion yuan ($84.5 billion) through the first 11 days of November, culminating in the holiday on Thursday. That's an increase of 8.5% from a year ago - far lower than the top end of a forecast recently given by analysts at Citi, […]
