Beijing, May 15, 2025 (AFP) - China's Alibaba posts annual revenue increase despite spending slump

NAMPA / AFP

2025-05-15

Internet giant Alibaba posted on Thursday a six percent increase in annual revenue, the latest positive sign for China's tech sector despite persisting economic uncertainties that include sluggish spending and threatened trade. The Hangzhou-based company is one of the biggest players in China's tech industry, with operations spanning retail, digital payment, artificial intelligence and entertainment. This year has seen its share price rollercoast......

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Business & Finance News

Paris, May 15, 2025 (AFP) - US set to lose $12.5 bn in foreign tourism in 2025: industry

2025-05-15 17:30:55

Washington, May 15, 2025 (AFP) - US retail sales little changed, signs of pullback after pre-tariff rush

2025-05-15 16:31:35

Srinagar, India, May 15, 2025 (AFP) - India and Pakistan trade accusations of nuclear arsenal mismanagement

2025-05-15 16:31:18

Wiesbaden, Germany, May 15, 2025 (AFP) - Germany's Commerzbank staff protest UniCredit takeover threat

2025-05-15 16:31:13

New York, May 15, 2025 (AFP) - US stocks dip, UnitedHealth dives on report of criminal probe

2025-05-15 16:03:43

Washington, May 15, 2025 (AFP) - US producer inflation unexpectedly fell in April

2025-05-15 16:03:39

Washington, May 15, 2025 (AFP) - US industrial production stalls in April

2025-05-15 16:03:36

Washington, May 15, 2025 (AFP) - US Fed chair warns of potential for 'more persistent' supply shocks

2025-05-15 15:31:24

New York, May 15, 2025 (AFP) - Walmart warns of higher prices due to tariffs

2025-05-15 15:31:18

Washington, May 15, 2025 (AFP) - US retail sales little changed in April as consumers wary

2025-05-15 15:00:42

Washington, May 15, 2025 (AFP) - US producer inflation unexpectedly fell in April

2025-05-15 15:00:35

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