Alibaba posted quarterly revenue that missed analysts' estimates on Thursday, as the e-commerce group works on new strategies to keep consumers spending amid persistent economic weakness in China and uncertainty over the impact of tariffs.

Internet giant Alibaba posted on Thursday a six percent increase in annual revenue, the latest positive sign for China's tech sector despite persisting economic uncertainties that include sluggish spe

The Chinese e-commerce giant reported quarterly revenue of $32.81 billion, marking an increase of 7% year-on-year but below an analyst estimate of $33.3 billion.