Alibaba's revenue jumps but investments to prolong margin squeeze

Alibaba's revenue jumps but investments to prolong margin squeeze

6 years ago
Anonymous $oIHRkISgaL

https://www.reuters.com/article/us-alibaba-results/alibabas-revenue-jumps-but-investments-to-prolong-margin-squeeze-idUSKCN1L816I

Alibaba Group Holding Ltd , China's biggest e-commerce firm, warned on Thursday investments in its delivery business would keep pressuring profits even as it reported its strongest-ever quarterly revenue growth, largely in line with estimates.