The Numbers Behind Alibaba's Booming Business

Posted By: Admin - 1:23 AM

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In results released today, the Chinese internet company highlighted its emergence as one of the web’s most formidable businesses.

Mark Ralston / AFP / Getty Images

Alibaba's revenue from those sales was $3.3 billion, "only" 28% annual growth and below what Wall Street analysts expected. According to data collected by Bloomberg, revenue growth has averaged $56 for the last three years.

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Techism is an online Publication that complies Bizarre, Odd, Strange, Out of box facts about the stuff going around in the world which you may find hard to believe and understand. The Main Purpose of this site is to bring reality with a taste of entertainment

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