Tag: alibaba revenue

Alibaba Group Holding Ltd reported its quarterly earnings on Thursday, narrowly missing its revenue estimates. This comes after the company announced that its board approved a spinoff of its cloud computing business. The Chinese eCommerce giant reported revenue of 208.20 billion yuan ($30.12 billion) for the...

Alibaba Group Holding Ltd recently revealed a string of results that were a lot better than they had been anticipating. Although there were murmurs of a strong sales contraction on the horizon, the Chinese retail giant was able to clap back against those rumors...