Retail News

Alibaba grows user base, sales and earnings

TheStreet 08/15/2019

Alibaba expanded its annual active customer base to 674 million in the second quarter. The Chinese company’s shares were up 2.3 percent in premarket trading after it reported a 42 percent increase in revenues for the quarter and earnings improved 56 percent year-over-year.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!