Thursday, May 26, 2022

Alibaba Q4 Loss Sharply Widens

Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday a net loss for the fourth quarter that sharply widened from last year, despite 9 percent growth in revenues, hurt by a decreases in the market prices of our equity investments in publicly-traded companies.

from RTT - Earnings https://ift.tt/Uk6ORZv
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