Alibaba Group shares jump on robust Q3 revenue growth in all segments

eCommerce giant Alibaba Group (BABA), the only retail power touted to go toe-to-toe with Amazon (AMZN) posted its third-quarter 2019 results before the market opened on Wednesday, Jan. 30. Shares inched about 2.3% following the announcement on better-than-expected results. Alibaba recorded a whopping 41% jump in revenue to about $17.06 billion (or RMB 117.3 billion) on … Continue reading Alibaba Group shares jump on robust Q3 revenue growth in all segments