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Chinese e-commerce firm Alibaba revenue beats expectations despite contraction

August 5, 2022
Source: bestinyou.org bestinyou.org
News Snapshot:
Net income plunged 50 per cent to 22.7 trillion yuan (USD 3.4 trillion). Excluding one-time charges, adjusted earnings per ADS totaled USD 1.75, topping the average analyst estimate of USD 1.60 per share.
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China Tech Buzz Topics: Alibaba | Beats | Chinese | currency | e-commerce | online shopping | Renminbi | revenue | share | Yuan

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