The Chinese e-commerce giant says net income fell 50 per cent to 22.74 billion yuan, better than the expected 17.8 billion yuan.
Alibaba net income halves, revenue flat in June quarter as weaker consumption, economic headwinds hit China
RELATED ARTICLES
Tech war: Japan’s new semiconductor tool export restrictions throw a major spanner in works of China’s chip plans
‘At the peak of humanity’: Chinese climbers who give up Everest quest metres away from summit to save comatose mountaineer are praised
India’s deadly train crash renews questions over safety as government pushes railway upgrade
