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Alibaba revenue edges up to US$33.5 billion but misses estimates in second quarter

The e-commerce giant’s revenue grew 4 per cent while profits were down 29 per cent to US$3.3 billion as it seeks to shore up e-commerce and cloud services.

By: scmp.com

Aug 15 2024
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Alibaba revenue edges up to US$33.5 billion but misses estimates in second quarter

The e-commerce giant’s revenue grew 4 per cent while profits were down 29 per cent to US$3.3 billion as it seeks to shore up e-commerce and cloud services.

Alibaba revenue edges up to US$33.5 billion but misses estimates in second quarter

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