Alibaba Group reports positive growth in orders, GMV, revenue across various sectors.
From Nasdaq: 2024-08-15 13:00:25
Alibaba Group held its Q2 2024 earnings call, reporting steady growth momentum and positive results. Taobao and Tmall Group saw growth in orders and GMV, while Alibaba International Digital Commerce revenue grew. Alibaba Cloud’s revenue returned to positive growth, driven by core public cloud and AI products. The company remains focused on user-first and AI-driven strategies, with a strong outlook for the future.
Read more at Nasdaq: Alibaba Group (BABA) Q2 2024 Earnings Call Transcript