Author: Bill Wells

Alibaba Unveils Guidance as Fourth-Quarter Revenue, Earnings Beat Expectations

Chinese e-commerce company Alibaba (BABA) unveiled fresh guidance on Wednesday as it posted better-than-expected results for its fiscal fourth quarter, bolstered by rising numbers of consumers from less developed cities in Asia. The Hangzhou-headquartered company, founded in 1999 by a team led by former English teacher Jack Ma, generated RMB […]