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Alibaba’s Profit Slips as It Spends to Expand Its Empire

The Chinese e-commerce giant is spending heavily to become a full-service tech company like Google. But expanding into new ventures isn’t cheap. [Source]

Publication Date:

Origin: nytimes.com

Category: Alibaba Group Holding Ltd

Topics: cheap, isn’t, ventures, expanding, Google, company, full-service, become, heavily, spending, giant, e-commerce, Chinese, Empire, Expand, Spends, Slips, Profit, Alibaba’s

Source: https://www.nytimes.com/2018/05/04/technology/alibaba-earnings-profit-decline.html?partner=rss&emc=rss