Alibaba shares pop as revenue beats expectations
(CNN Business) – Alibaba just posted flat revenue growth for the first time since becoming a public company, but investors don’t seem to mind. Shares of the Chinese tech and e-commerce giant jumped more than 6% in premarket trading in New York on Thursday. Its stock in Hong Kong had earlier closed up 5.2%. The …
The post Alibaba shares pop as revenue beats expectations appeared first on Egypt Independent.
Egypt Independent
August 7, 2022
