Wednesday, June 17, 2020

Chinese brands, endorsers may go slow on promotions

Chinese brands and celebrities endorsing them run the risk of the anti-China sentiment if they go all out to promote brands in the prevailing environment, executives at celebrity management companies said https://ift.tt/3eoYOS1 https://ift.tt/eA8V8J
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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...