Ruxandra Iordache / CNBC:

Alibaba reports Q2 revenue up 5% YoY to ~$32.4B, below ~$32.7B est., and net income up 58% YoY to ~$6.07B due to the performance of its equity investments  —  Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness …

Ruxandra Iordache / CNBC:

Alibaba reports Q2 revenue up 5% YoY to ~$32.4B, below ~$32.7B est., and net income up 58% YoY to ~$6.07B due to the performance of its equity investments  —  Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, but sales fell short as sluggishness …

Source: TechMeme
Source Link: http://www.techmeme.com/241115/p9#a241115p9