Accueil » Alibaba’s income jumps in the 1st quarter of 2020 Alibaba’s income jumps in the 1st quarter of 2020 Through . Published on 15 June 2020 à 15h15 - Update on 15 June 2020 à 15h15 Resources In the quarter ending in March 2020, Alibaba’s sales grew by 22% to 114.31 billion yuan (US$16 billion). These figures are driven by very dynamic categories (food and fresh produce), the cloud data computing business (+58%), digital media revenues and the sale of services to third-party resellers on the platform. Over the period, however, net profit fell by 88% to US$447 million as the pandemic reduced Alibaba’s share price. Essentials Synthèse et historique de tous les contenus sur une thématique suivie en détails par la rédaction Les dernières publications How retail professionals are adopting generative AI CRM: The new levers of customer loyalty Analyzes Synthèse et historique de tous les contenus sur une thématique suivie en détails par la rédaction Les dernières publications Tony Sciarrotta, Reverse Logistics Association : "Recycling is always the worst option in terms of value creation" Inflation, retail sales, unemployment: 3 macro-economic indicators to understand the health of retail in Europe and the U.S.A.
