Alibaba’s revenue growth eases in second quarter

E-commerce giant Alibaba said second-quarter revenue growth slowed to 40 percent on-year Friday, although net profits more than tripled thanks in part to a one-time payment from a Fintech affiliate. Total revenue was 119 billion yuan ($16.9 billion), with growth down from 42 percent in the April-June period and 54…

Continue ReadingAlibaba’s revenue growth eases in second quarter

Jaiz Bank grows earnings to N2.59bn in its first quarter, 2019.

Jaiz Bank Plc on Sunday said it had grown its gross earnings by N720m to N2.59bn in the first quarter of 2019 . The bank said this in a statement issued in Abuja. It said the N2.59bn gross earnings recorded in the first quarter of the year represented an increase…

Continue ReadingJaiz Bank grows earnings to N2.59bn in its first quarter, 2019.