Thursday, August 23, 2018

Alibaba shrugs off China concerns as revenue jumps 61%

Tencent had an unexpected miss this week, but Chinese rival Alibaba experienced no such issue today as it beat analyst expectation after clocking 61 percent annual revenue growth. The Chinese e-commerce giant reported total sales ofĂ‚ 80.92 billion RMB ($12.2 billion) for its Q1 2019, fractionally beating Bloomberg’s estimate of 80.88 billion RMB. The firm record […] https://ift.tt/2LjJOFD support@endlesssupplies.ca (Endless Supplies .Ca) August 23, 2018 at 07:30AM
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