Advertisement
Canada markets close in 3 hours 13 minutes
  • S&P/TSX

    21,848.94
    -24.78 (-0.11%)
     
  • S&P 500

    5,028.49
    -43.14 (-0.85%)
     
  • DOW

    37,983.22
    -477.70 (-1.24%)
     
  • CAD/USD

    0.7310
    +0.0013 (+0.18%)
     
  • CRUDE OIL

    82.55
    -0.26 (-0.31%)
     
  • Bitcoin CAD

    87,801.98
    -731.20 (-0.83%)
     
  • CMC Crypto 200

    1,387.53
    +4.96 (+0.36%)
     
  • GOLD FUTURES

    2,339.90
    +1.50 (+0.06%)
     
  • RUSSELL 2000

    1,971.40
    -24.03 (-1.20%)
     
  • 10-Yr Bond

    4.7040
    +0.0520 (+1.12%)
     
  • NASDAQ

    15,520.11
    -192.64 (-1.23%)
     
  • VOLATILITY

    16.49
    +0.52 (+3.26%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6809
    -0.0010 (-0.15%)
     

Understanding Alibaba’s 61% Top-Line Growth

Alibaba (BABA) reported that its revenues grew 61% YoY to a little over 55.1 billion yuan (~$8.3 billion) in fiscal 2Q18 (September quarter).