The Chinese internet giant Alibaba reports an adjusted result according to the ebitda measure of 51.2 billion yuan for the broken fiscal year's first quarter, corresponding to around 75 billion kronor.
This was higher than the analysts' expected 47.5 billion yuan, according to Bloomberg's compilation, but worse than the same period last year.
The sales landed at 243.2 billion yuan, an increase of 3.9 percent compared to last year, but a disappointment for the analysts who had counted on a higher turnover. Above all, it is the e-commerce that has gone worse than expected.
The share is falling in pre-trading on Wall Street.
