Tag Archives: Alibaba Group Holding Ltd. ADR

Alibaba Group Holding Ltd. said most of its companies are now back to “healthy growth” as China recovers from the COVID-19 crisis. The Chinese e-commerce giant topped revenue and revenue expectations with its fiscal report in the first quarter beginning Thursday, although its shares were 1.6% off in midday trading. …

Although geopolitical tensions seem, Alibaba Group Holding Ltd. to be in a good place as China continues its economic recovery from COVID-19. Alibaba reported fiscal revenue in the first quarter Thursday morning. Alibaba BABA, + 0.40% already saw volume growth equal to pre-pandemic levels when it last hit investors in …