je.st
news
Alibaba revenue growth slows, margins decline in December quarter
2019-01-30 15:33:00| Telecompaper Headlines
(Telecompaper) Chinese e-commerce group Alibaba reported a slowdown in revenue growth and lower margins in the December quarter, suggesting it is also feeling the effects of the slowdown in the Chinese economy. Sales rose 41 percent year-on-year to CNY 117.28 billion (USD 17.06 billion), compared to growth 54 percent in the previous quarter and 61 percent the quarter before.
Tags: december
growth
quarter
revenue
Category:Telecommunications
Latest from this category |
All news |
||||||||||||||||||||
|
|
||||||||||||||||||||