Friday 2 November 2018

Alibaba cuts its revenue forecast as growth slackens

Alibaba’s long stretch of growth finally broke after the Chinese e-commerce giant reported somewhat underwhelming financial results for its Q2 2019 quarter. (A little confusing but Alibaba’s quarters are actually a little ahead of the actual date and time.) The company fell short of market expectation as it rang up RMB 85.15 billion ($12.4 billion) […] https://ift.tt/2CVQx8a Jon Russell November 02, 2018 at 09:00AM

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