Alibaba revenue beats, but investments prolong margin squeeze
https://www.reuters.com/article/us-alibaba-results/alibaba-revenue-beats-but-investments-prolong-margin-squeeze-idUSKCN1L816I
Alibaba Group Holding Ltd , China's biggest e-commerce firm, topped first-quarter revenue estimates on Thursday, but said investments in its food delivery business would continue to weigh on profits.