January 30, 2019 Sophia Vida

Alibaba Suffers Revenue Slow Down But Still Beats Estimates

Chinese e-commerce giant Alibaba reported financial results for the December Quarter and beat expectations, surprising many on Wall Street as companies had warned about China’s economic slowdown. Net income at Alibaba saw a jump of 37 percent to 33.1 billion yuan in the December quarter. This was better than the 22.1 billion yuan that had … Continue reading “Alibaba Suffers Revenue Slow Down But Still Beats Estimates”