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China's Alibaba misses quarterly revenue estimates
China's Alibaba misses quarterly revenue estimates, beats on profit
Alibaba Group Holding missed analysts' estimates for second-quarter sales on Friday, as persistent economic uncertainty sapped consumer spending in China and weighed on the e-commerce group's domestic business.
China’s Alibaba Manages 5% Revenue Advance as Profits Are Lifted by Investment Gains
Alibaba, China’s e-commerce, entertainment and tech giant, reported a 5% increase in revenues in the three months to September.
Alibaba Revenue Misses Views Amid Weaker Chinese Economy, Competition
Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.
Datacenter Dynamics
6h
Alibaba Cloud revenue up 7% for the quarter, cites AI as key factor
According to Alibaba CFO Toby Xu, AI-related product revenue has achieved triple-digit year-over-year (YoY) growth for the ...
3d
on MSN
Alibaba’s Sluggish Growth in China Commerce Drags Down Results
Alibaba Group Holding Ltd. reported anemic growth in its core Chinese e-commerce business in the September quarter, dragging ...
3d
China Market Update: Alibaba Earnings Deep Dive, Tepper & Burry Maintain China Positions, Week In Review
Asia ended an off week mixed as Mainland China underperformed, the Philippines outperformed, and India was closed for the ...
tbsnews
14h
Alibaba aims to raise $5 billion in dual currency bond deal
The company confirmed plans for bond fundraising in a regulatory filing on Monday but said the size, interest rate and maturity would be determined as the transaction progressed ...
3d
on MSN
Billionaire Investor Trims Alibaba After Saying Buy 'Everything' China
Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s ...
3h
China Market Update: Biden And Xi Meet In Brazil
Asian equities were mixed overnight as South Korea outperformed, Hong Kong and Mainland China opened higher but faded in ...
4d
on MSN
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hedged its positions.
6d
on MSN
China's Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and ...
7h
Alibaba: The Market's Concerns Are Justified, And Here's Why
Alibaba’s revenue and operating income have grown just 5% year-over-year. Read this article to know why I am rating BABA ...
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