Alibaba Double Net Income In First Financial Quarter

Alibaba Group’s ecommerce business’ profit increase contributed to a fantastic quarter for the Chinese ecommerce giant. They reported a near doubling of net income to just over $2bn in its first financial quarter. This has significantly beaten analyst expectations as the boom in Chinese online shopping shows little sign of slowing down in the future.


1 view
Countries:
USA
Canada
India
Contact US:
USA
Canada
India
Connect with us:
  • Grey YouTube Icon
  • Grey Facebook Icon
  • Grey Instagram Icon
  • Grey Twitter Icon
  • LinkedIn - Grey Circle
© 2019 by Anakta INC