Thursday, August 10, 2023

Alibaba reports Q1 revenue up 14% YoY to ~$32.2B, beating analyst estimates of ~$31.1B, and a ~$4.7B net income, as its core e-commerce arm returned to growth (Bloomberg)

Bloomberg:
Alibaba reports Q1 revenue up 14% YoY to ~$32.2B, beating analyst estimates of ~$31.1B, and a ~$4.7B net income, as its core e-commerce arm returned to growth  —  - Core e-commerce returned to growth for first time in a year  — Alibaba is trying to revive its business in a volatile economy



No comments:

Post a Comment

YouTube says it is adjusting its Shorts recommendations to prioritize "original content" and reduce the reach of channels re-uploading others' content (Andrew Romero/9to5Google)

Andrew Romero / 9to5Google : YouTube says it is adjusting its Shorts recommendations to prioritize “original content” and reduce the reac...