Alibaba quarterly net profit halved, anounces CEO change
Chinese e-commerce giant Alibaba said Thursday its net profit plunged 49 percent to $463 million for the final quarter of its financial year ending March, hit by a share-based compensation expense.
May 07, 2015, 17:28 PM ISTAlibaba quarterly earnings plunge 28% to $964 million
Chinese e-commerce giant Alibaba said Thursday its net profit for the three months ending December plunged 28 percent to $964 million, hit mainly by a one-off charge and higher taxes.
Jan 29, 2015, 18:00 PM IST