6 days Alibaba shares rise 3% in premarket after Chinese tech giant posts 58% jump in profitReddit

Chinese e-commerce behemoth Alibaba on Friday beat profit expectations in its September quarter, citing an acceleration in growth in its cloud business unit. Net income came in 43.9 billion Chinese yuan ($6.07 billion), compared with a LSEG outlook of …

Alibaba (BABA) · Business · Premarket · Tech

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