Alibaba is Able to Withstand Mounting Media Losses as Profits hit $12 Billion

Digital entertainment and media losses at Chinese e-commerce giant Alibaba stretched to $2.35 billion in the financial year running from April 2018 to end of March this year. But the group says it will continue to invest in the sector, and that it can afford to do so. At group level, Alibaba expanded its revenues […]

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