• 11/26/2024

Alibaba cancels cloud unit spin-off, posts 9% revenue growth for September quarter amid China’s unstable economic recovery

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The e-commerce giant recorded total revenue of 224.79 billion yuan in the quarter, in its first earnings report since new leadership took over the company in September.

https://www.scmp.com/tech/big-tech/article/3241816/alibaba-hand-out-first-ever-annual-dividend-it-posts-9-revenue-growth-september-quarter-amid-chinas?utm_source=rss_feed