Alibaba stock rallies on handsome profit beat, optimistic commentary

Alibaba stock rallies on handsome profit beat, optimistic commentary

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-alibaba-results/alibaba-stock-rallies-on-handsome-profit-beat-optimistic-commentary-idUSKCN1PO1GH

E-commerce giant Alibaba Group Holding Ltd reported quarterly profit far above market expectations and played down worries of Chinese economic slowdown and U.S. tariff effects, sending its shares up 6 percent.