Alibaba Confident of Winning Instant Commerce War as Quarterly Profit Rises

O Antagonista

Factuality

Ownership

Alibaba published the results of the first fiscal quarter, with a net profit of 24 billion yuans, equivalent to US$ 5.9 billion, an increase of 76% over the same period of the previous year. The recipe reached 243.2 billion yuans, about US$ 34.6 billion, representing an increase of 2% in... The post Alibaba surprises with 76% in the quarterly profit appeared first on The Antagnonist.

Jornal Monitor Mercantil - Jornal Monitor Mercantil | Notícias Sobre Economia, Política, Opinião

Factuality

Ownership

The Chinese company's revenue totaled 247.652 billion yuan in the period The post Alibaba's fiscal first-quarter attributable net profit rose 78% appeared first on Monitor Mercantil.

diarioestrategia.cl

Factuality

Ownership

The Chinese e-commerce giant Alibaba obtained a net profit attributed to 43,116 million yuan (5,173 million euros) in its first fiscal quarter, which runs from April to June, representing an improvement of 77.6% over the same period of the previous year, reported the owner of the AliExpress online store.