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| VIEW EVENT INFORMATION: Alibaba |
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Alibaba.com Grows Revenues And Profits, Misses Expectations |
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About the organization Alibaba:
Type: Business
Sub-Types: Website, Advertising Agent, Retailing Agent, Computer Software, Search Engine, E-Commerce |
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Notable Organizations: Alibaba, Techcrunch
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| Alibaba.com, the massive B2B e-commerce company based in China, this morning published (PDF) its results for the third quarter of the year. The company reported a 11.9 percent increase (to $64 million) in its Q3 net profit, with revenues rising 10.6 percent to $250 million, year-over-year.
This was below Wall Street expectations; Alibaba blamed a weak U.S. economy, a decline in manufacturing… |
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