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Alibaba Misses Forecasts on Chinese Consumer Slowdown, Competition
finance.yahoo.com/news/alibaba-misses-forecasts-chinese-consumer-142559015.html
In This Article:
Key Takeaways
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Alibaba missed profit and sales forecasts on slowing consumer spending in China and tougher competition.
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The e-commerce and cloud computing giant posted revenue gains in all of its divisions.
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Despite today's 7.5% drop, U.S.-listed shares of Alibaba…
This story appeared on finance.yahoo.com, 2025-05-15 14:25:59.