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…
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November 4, 2019