Alibaba Q1 Earnings Revenue Miss Amid Price War, Profit Beat, International Commerce and Cloud Segments Shine

Image for article Alibaba Q1 Earnings Revenue Miss Amid Price War, Profit Beat, International Commerce and Cloud Segments Shine
News Source : Yahoo Entertainment

News Summary

  • Alibaba Group Holding Limited (NYSE:BABA) stock is trading lower Thursday after the company’s fiscal first-quarter print
  • The Chinese e-commerce juggernaut is fighting intense domestic e- commerce rivalry in a weak domestic economy
  • Alibaba International Digital Commerce Group revenue increased by 32% year over year to $4
  • 03 billion
Alibaba Q1 Earnings Revenue Miss Amid Price War, Profit Beat, International Commerce and Cloud Segments ShineAlibaba Group Holding Limited (NYSEBABA) stock is trading lower Thursday after the com [+3237 chars]

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