Alibaba thrives after emerging from virus challenges

read the original version on: www.retailnews.asia

Chinese e-commerce giant Alibaba Group’s revenue soared 34 percent to US$21.762 billion in the June quarter as the company emerged strongly from the impact of the Covid-19 pandemic in its home market. “Our domestic core commerce business has fully recovered to pre-Covid-19 levels across the board, while cloud computing revenue grew 59 percent year-on-year,” CFO […]

The post Alibaba thrives after emerging from virus challenges appeared first on Retail News Asia.



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