The New York Times reports, "Alibaba became one of the world's biggest internet companies thanks to the growing wealth and online shopping habits of Chinese consumers. Now, as China's economy slows, it has become a symbol of their new sense of caution. The company, China's largest e-commerce business, said on Wednesday that its earnings growth fell last quarter. Its revenue was slightly below analysts' expectations, growing 41 percent, its slowest pace since early 2016, reflecting both the sheer size of the company and widening troubles in the Chinese economy, the world's second largest. Alibaba's shares rose in premarket trading, however, because it beat analysts' estimates on adjusted earnings per share, posting growth of 15 percent."