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
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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)
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The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part of a probe into the company's foreign subsidies (Inti Landauro/Reuters)
Inti Landauro / Reuters : The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part o...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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