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Alibaba grows quarterly revenues 61%, EBITDA growth slows on investment costs

2018-08-23 13:28:00| Telecompaper Headlines

(Telecompaper) Alibaba Group reported another quarter of strong revenue growth, while profits were under pressure from investments and acquisitions. Revenues rose 61 percent year-on-year in the three months to June to CNY 80.92 billion (USD 12.23 billion). Adjusted EBITDA was up a slower 17 percent to CNY 29.36 billion, leading to a sharp fall in the margin to 36 percent. 

Tags: costs growth investment quarterly

 

From Amazon to Alibaba, Grocers' Pain Is Endless: Andrea Felsted

2018-08-06 17:27:30| National Real Estate Investor

If Amazon is chasing Alibaba, and Alibabas watching JD.com, grocers in the U.S. and Europe need to pay attention to all three.

Tags: amazon pain andrea alibaba

 
 

Alibaba to boost e-commerce in Turkey with Trendyol deal

2018-07-16 14:43:00| Daily apparel & textile news and comment - from just-style.com

Chinese online retail giant Alibaba has invested in Turkey's leading e-commerce platform Trendyol, marking the largest internet transaction in the European country to date.

Tags: deal turkey boost alibaba

 

E&J Gallo signs three-year deal with China's Alibaba

2018-07-13 16:17:00| Daily beverage news and comment - from just-drinks.com

E&J Gallo has become the latest wine firm to team up with China's internet giant Alibaba.

Tags: deal signs alibaba gallo

 

Alibaba invests in Smartrac to enhance brand protection

2018-07-10 15:12:00| Label and Narrow Web Breaking News

Michael Evans, president of Alibaba Group, will also join Smartracs supervisory board.

Tags: brand protection enhance alibaba

 

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