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Alibaba Group
E-commerce giant Alibaba's sales increase
The Chinese e-commerce giant Alibaba reports a revenue increase of five percent to approximately 350 billion kronor for the second quarter. It was somewhat lower than expected.
Upwards on the New York Stock Exchange
The leading indexes on Wall Street were traded upwards on Tuesday – with tech giants as locomotives – after gloomy faces on Monday. .
Worse than expected for Alibaba
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.
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