Thursday, August 20, 2020

Alibaba posts quarterly revenue of $21.8B, up 34% YoY, and profit of $6.7B, up 124% YoY on the back of its online retail and cloud computing businesses (South China Morning Post)

South China Morning Post:
Alibaba posts quarterly revenue of $21.8B, up 34% YoY, and profit of $6.7B, up 124% YoY on the back of its online retail and cloud computing businesses  —  Revenue hit US$21.8 billion in the June quarter, up 34 per cent from a year ago, on the back of its China online retail …



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