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China's online retailer Alibaba posted better-than-expected quarterly earnings of $2.15, a share, but revenue came in short. Barron's AI Demand Is Riding to the Rescue.
Alibaba beat last year's Singles Day sales record, bringing in over $30.8 billion during the 24-hour shopping event. That's bigger than any day in U.S.
Alibaba Group Holding Ltd said on Friday that sales during its annual Singles' Day shopping frenzy grew 8.5%, the slowest rate ever, underscoring strong regulatory and supply chain headwinds for ...
Alibaba reached a new sales milestone during China’s Singles Day shopping festival, as the e-commerce giant sold 268.4 billion yuan ($38.3 billion) worth of goods, up 26% from its previous ...
Chinese e-commerce company Alibaba Group Holding Ltd.99881.84%increase; green up pointing triangle reported lackluster sales growth in the October-December quarter, highlighting the financial toll ...
Alibaba's AI sales have experienced seven consecutive quarters of triple-digit year-over-year growth. Amazon is infusing AI into over 1,000 apps across the company. Alibaba is the world's fourth ...
Chinese e-commerce giant Alibaba rakes in billions in Singles Day sales 01:14 "Singles Day" may sound lonely, but those taking part are finding some togetherness in what amounts to the world's ...
SHANGHAI, Jan 30 () - E-commerce giant Alibaba Group Holding Ltd's quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade ...
Alibaba said it made 52 million yuan in sales within that first 24-hour period on Nov. 11, compared with a daily average of 8 million yuan at the time.