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Last Updated : May 15, 2019 05:18 PM IST | Source: Reuters

China's Alibaba Group Holding quarterly revenue beats estimates

Revenue rose to 93.50 billion yuan ($13.59 billion) for the three months ended March 31, beating estimates of 91.58 billion yuan.

China's Alibaba Group Holding Ltd beat analysts' estimates for fourth-quarter revenue on May 15, boosted by growth in its core e-commerce and cloud computing businesses.

Revenue rose to 93.50 billion yuan ($13.59 billion) for the three months ended March 31, beating estimates of 91.58 billion yuan, according to IBES data from Refinitiv.
First Published on May 15, 2019 05:02 pm
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