Tag: Alibaba Group

Alibaba Cloud is Expecting a Profitable Fiscal Year For the First Time

Alibaba Cloud, a Chinese cloud computing company and the subsidiary of Alibaba Group, is expecting a profit this fiscal year for the first time,...

Alibaba Q2 Profit Grows 34% Despite Covid-19, Looming US Threats

E-commerce giant Alibaba reported a solid 34 percent profit for the second quarter of 2020 as a result of a growth in sales. The positive...