Jane Zhang / Bloomberg:
Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down 69% YoY to ~$2B, Taobao and Tmall revenue up 2% YoY to ~$18B, and approves a $25B share buyback — - The move may appeal to some investors as growth plateaus — Alibaba is grappling with market and internal uncertainty
Jane Zhang / Bloomberg:
Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down 69% YoY to ~$2B, Taobao and Tmall revenue up 2% YoY to ~$18B, and approves a $25B share buyback — - The move may appeal to some investors as growth plateaus — Alibaba is grappling with market and internal uncertainty
Source: TechMeme
Source Link: http://www.techmeme.com/240207/p10#a240207p10