The Alibaba Group Holding headquarters in Hangzhou. The company’s stock price plunged by about 6 per cent to close at US$192.22 on the NYSE following its earnings results. Photo: BloombergThe Alibaba Group Holding headquarters in Hangzhou. The company’s stock price plunged by about 6 per cent to close at US$192.22 on the NYSE following its earnings results. Photo: Bloomberg
The Alibaba Group Holding headquarters in Hangzhou. The company’s stock price plunged by about 6 per cent to close at US$192.22 on the NYSE following its earnings results. Photo: Bloomberg

Squeezed margins, ‘new retail’ and possible Ant Financial IPO – five takeaways from Alibaba’s Q3 earnings

Logistics, new retail and digital entertainment businesses “highly strategic” to company’s future growth, says chief financial officer

Topic |   Alibaba
The Alibaba Group Holding headquarters in Hangzhou. The company’s stock price plunged by about 6 per cent to close at US$192.22 on the NYSE following its earnings results. Photo: BloombergThe Alibaba Group Holding headquarters in Hangzhou. The company’s stock price plunged by about 6 per cent to close at US$192.22 on the NYSE following its earnings results. Photo: Bloomberg
The Alibaba Group Holding headquarters in Hangzhou. The company’s stock price plunged by about 6 per cent to close at US$192.22 on the NYSE following its earnings results. Photo: Bloomberg
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