An Interest In:
Web News this Week
- March 29, 2024
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
January 24, 2017 12:13 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Y_J1qSZc8zA/
Alibaba smashes estimates as revenue jumps 54% to $7.67 billion
Alibaba has smashed analyst estimates with its latest financials. The Chinese e-commerce giant reported (PDF) net income ofRMB 17.12 billion ($2.47billion) with totalrevenue ofRMB 53.25 million ($7.67billion) for its Q3 2016, the latter was a54 percent year-on-year jump. Earning per share came in at RMB 6.94 ($1.00). This was a big win for Alibaba.Analysts predicted net income… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/Y_J1qSZc8zA/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch