The logo of Alibaba Group Holding is seen at the e-commerce company's headquarters in Hangzhou, Zhejiang province. Photo: Reuters
The logo of Alibaba Group Holding is seen at the e-commerce company's headquarters in Hangzhou, Zhejiang province. Photo: Reuters
Tech

Alibaba posts 58pc gain in quarterly profit, warns coronavirus crisis will impact revenue growth

  • The e-commerce giant’s total revenue for the December quarter reached US$23.2 billion
  • Delays in shipping packages, decline in food delivery orders and travel cancellations may impact revenue growth in March quarter

Topic |   US-listed Chinese stocks
Jane ZhangZen Soo
Jane Zhang and Zen Soo

Updated: 2:41pm, 20 Oct, 2020

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The logo of Alibaba Group Holding is seen at the e-commerce company's headquarters in Hangzhou, Zhejiang province. Photo: Reuters
The logo of Alibaba Group Holding is seen at the e-commerce company's headquarters in Hangzhou, Zhejiang province. Photo: Reuters
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