Earnings roundup: Alibaba returns to pre-pandemic revenue growth
Bloomberg News
(Bloomberg)—Alibaba Group Holding Ltd.’s revenue growth returned to levels not seen since the pandemic, fueling hopes of a Chinese economic recovery despite worsening U.S. relations. China’s most valuable corporation reported better-than-expected 34% sales growth in the June quarter, a shade off the 38% it managed in the December quarter before COVID-19 shut down swaths of […]