Alibaba ADR earnings missed by ¥0.13, revenue topped estimates

From Investing.com: 2024-05-14 06:33:23

Alibaba ADR reported earnings that fell short by ¥0.13, while revenue exceeded expectations. The company’s performance reflected strong revenue growth despite challenges in the Chinese market. Analysts are closely monitoring Alibaba’s future strategy to maintain growth momentum. Investors are cautiously optimistic about the company’s long-term prospects.



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