Jack Ma's Alibaba Misses On Q2 Revenue Despite Clocking 1.18B Global Annual Active Customers; Raises Stock Buyback To $15B
August 03, 2021 at 10:52 AM EDT
Alibaba Group Holding Ltd reported first-quarter FY22 revenue growth of 34% year-on-year to $31.87 billion, missing the analyst consensus of $32.54 billion.