Alibaba holiday-quarter revenue disappoints

The logo of Alibaba Group is seen inside the company's headquarters in Hangzhou

 

Alibaba Group Holding Ltd’s quarterly revenue dropped short of analysts’ expectations, showing marks of a slowdown in the Chinese e-commerce company’s expansion throughout the hard-fought holiday shopping season.

Revenue increased 40 percent to $4.22 billion in the December quarter, missing the average analyst prediction of $4.45 billion, according to Thomson Reuters

But margins on earnings before taxes, interest, amortization and depreciation bounced back after a decline in the previous quarter to 58 percent from 50.5 percent in the July-September period.

  Alibaba Group Holding Ltd's quarterly revenue dropped short of analysts' expectations, showing marks of a slowdown in the Chinese e-commerce company's expansion throughout the hard-fought holiday shopping season. Revenue increased 40 percent to $4.22 billion in the December quarter, missing the average analyst prediction of $4.45 billion, according to Thomson Reuters But margins on earnings before taxes, interest, amortization and depreciation bounced back after a decline in the ...
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