BABA is expected to report flat profits as sales rebound Chinese e-commerce giant Alibaba is expected to post flat quarterly profit and modest sales growth when it reports results for its September ...
Shares of Alibaba lost more than $12B in market value yesterday. The drop in price was due to a report from the Financial Times that SoftBank Group was drastically reducing its stake in the e-Commerce ...
SHANGHAI — Alibaba’s Singles’ Day sale cleared $74.1 billion, the company said just after midnight Thursday, just about doubling its takings from the $38.4 billion the Internet giant recorded last ...
Alibaba reported 41% revenue growth to $17.06 billion in Q3 — which, surprisingly, is the slowest growth rate in three years for the Chinese e-Commerce giant. But like Amazon, the company’s ...
The Chinese e-commerce giant Alibaba says all kinds of records were broken on this year’s Singles Day. The shopping holiday is held in China on November 11 every year and ostensibly celebrates ...
Alibaba Group Holding Ltd said on Friday that sales during its annual Singles' Day shopping frenzy grew 8.5%, the slowest rate ever, underscoring strong regulatory and supply chain headwinds for China ...
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