Alibaba Takes a Step Toward Comeback as Growth Returns
August 11, 2023
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2:09Now PlayingAlibaba Takes a Step Toward Comeback as Growth Returns
YouTube Description
as posted by the channelAlibaba Group Holding Ltd. shares jumped in US trading. China's tech giant returned to growth across all its main divisions. The online shopping leader reported a better-than-expected 14% rise in revenue during a quarter when the world’s No. 2 economy struggled to gain momentum after years of Covid Zero restrictions. Bloomberg Intelligence's Catherine Lim shares her views on the results on Bloomberg Television.
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