Alibaba Group Holding missed analysts' estimates for quarterly sales on Friday, as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant's domestic business.

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Financial Times

London

Greater London

England

United Kingdom

Alibaba Group Announces September Quarter 2024 Results


Net income surged 58 per cent to US$6 billion in the three months that ended in September, beating analysts’ estimates.

Ad Fontes Media

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Media Bias/Fact Check

South China Morning Post

Alibaba Group

Hong Kong

Alibaba’s quarterly profit surges 58% on strong cloud, e-commerce growth

The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.

CNBC

Roberts family

United States

Alibaba shares rise 5% in premarket after Chinese tech giant posts 58% jump in profit

Alibaba Group Holding Ltd. reported solid growth in businesses including its international and cloud divisions, helping to offset some of the drag from an anemic Chinese commerce business.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Alibaba Sales Disappoint While Beijing Tries to Revive Consumers

The latest company information, including net asset values, performance, holding & sectors weighting, changes in voting rights, and directors and dealings.

Nikkei Inc.

Alibaba Offices In BeijingBloomberg | Bloomberg | Getty ImagesChinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, citing an acceleration in growth in its cloud business unit. Net income came in 43.9 billion Chinese yuan ($6.07 billion), compared with a LSEG outlook of 25.83 billion yuan.Revenue reached 236.5 billion yuan ($32.72 billion), versus an analyst forecast of 238.9 billion yuan, according to …

Jingletree

Alibaba shares rise 3% in premarket after Chinese tech giant posts 58% jump in profit

ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant’s domestic business.

Business Times

China’s Alibaba misses quarterly revenue estimates, beats on profit

Nasdaq

Investment Corporation of Dubai

Wallenberg family

Alibaba Group Q2 Net Income Rises; Revenue Up 5%


(RTTNews) - Alibaba Group Holding Limited (BABA) reported second quarter net income of RMB 43.6 billion or $6.21 billion, an increase of 63% year-over-year, primarily attributable to the mark-to-market changes from equity investments, decrease in impairment of investments and inc

China's Alibaba misses quarterly revenue estimates, beats on profit

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