stock rose then fell on Wednesday after the Chinese tech giant narrowly missed Wall Street's quarterly earnings expectations but announced that it was ...
Alibaba missed market expectations for revenue in the December quarter but announced it is increasing the size of its share buyback program by $25 billion.
The Hangzhou-based firm's net profit last quarter fell 77 per cent year on year to 10.7 billion yuan · Revenue rose 5 per cent to 260.35 billion yuan, missing ...
Alibaba announced Q3 revenue of $36.67 million, or 260.35 million Chinese yuan. Meanwhile, Alibaba adjusted earnings per American depository share (ADS) came in ...
Alibaba's 3Q revenue met estimates, coming in at 260.35 billion yuan, marking a 5.1% increase year on year. Total revenue for Taobao and Tmall Group was ...
Alibaba Group Holding Limited today announced its financial results for the quarter ended December 31, 2023.
Alibaba is pouring billions of dollars more into its buyback program, which management says indicates confidence in the business.
China's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by a weak retail environment and faltering economic ...
stock dropped on Wednesdayas investors focused on the bad news in the latest earnings. The economic slowdown in China continued to weigh on the e-commerce,and ...
Right now, Alibaba's best bet for growing earnings per share is having fewer shares among which to divide its shrinking earnings.
By Tracy Qu Alibaba Group shares dropped as investors weighed a muted quarterly performance and signs of rising competition against fresh plans for buybacks ...
BABA trades lower as profits fall from a year ago, revenue growth slows. Alibaba stock continues to trade about 75% off its 2020 high of $319. Retail sales have ...