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2024-11-15 13:04:55
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yahoo.com on Nostr: Yahoo! Tech ✍️ Alibaba Group Holding Ltd. reported solid growth in its ...



✍️ Alibaba Group Holding Ltd. reported solid growth in its international and cloud divisions, offsetting the decline in its Chinese commerce business.
👉 Alibaba's international division expanded revenue 35%
👉 Cloud unit accelerated revenue growth to more than 7%
👉 Domestic e-commerce operation grew just 1%
👉 Company's shares rose 3% in pre-market trading in New York

#EddieWu #JosephTsai #JackMa #DanielZhang #China #NewYork #Singapore #Indonesia #mainstream #business

https://media.zenfs.com/en/bloomberg_technology_68/710b1519833ef783f13f5e13d4b08928

https://finance.yahoo.com/news/alibaba-signals-more-confidence-international-122242457.html

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