Alibaba tops revenue forecasts as investments clip margins
BEIJING: Alibaba Group Holding Ltd (BABA.N) reported better than expected top line results on Friday, driven by strong sales in its commerce and cloud computing units, even as margins were squeezed by flurry of investments.The company’s...
from GEO TV - Business https://ift.tt/2wa8TAz
from GEO TV - Business https://ift.tt/2wa8TAz
Post a Comment