MT Newswires on MSN1d
Alibaba Reports Mixed Fiscal Second-Quarter Results as Cloud Revenue Grows
Alibaba Group's (BABA) fiscal second-quarter earnings declined less than expected but sales fell short of Wall Street estimates while the company's Cloud revenue grew year over year. The Chinese ...
Morningstar1d
Alibaba's stock rallies after profit beat expectation as AI business sees rapid growth
Net income rose to 43.55 billion renminbi ($6.21 billion), or RMB18.17 per American depositary share, from RMB29.7 billion, or RMB10.77 per ADS, in the same period a year ago. Excluding nonrecurring ...
China’s Latest Livestream Sensation: Shopping With a Game of Chance
Selling products on livestream video has been a big business in China for years. The latest e-commerce trend adds a game of ...