Alibaba net profits more than double to $4.97bn
China's Alibaba
New York - Arab Today
Chinese e-retail giant Alibaba more than doubled its net profit to $4.97 billion dollars in the first quarter, due to exceptional gains, it announced Wednesday.
Revenue rose 28 percent to $3.27 billion over the same period a year ago. Analysts had expected a sales figure of $3.39 billion.
In pre-session electronic trading Alibaba shares fell nearly five percent.
The report is for the period ending June 30. The company's earnings year is staggered over calendar years 2015 and 2016.
- Wednesday ,12 December GMT 08:25 2018 Australian government discusses moving Israel embassy to Jerusalem
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen linksGMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomatGMT 09:24 2018 Wednesday ,12 December
LuLu supports KFUPM Rectors Cup marathonGMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit dealGMT 08:25 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to JerusalemGMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staffGMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West Bank
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 01:58 2017 Friday ,15 December
Palestinian president rebukes Trump’s decision over Jerusalem
GMT 15:04 2017 Wednesday ,15 March
Russia and Turkey Discuss Preparations for Astana Meeting on Syria
GMT 20:42 2017 Sunday ,03 September
Japan: Nuclear blast behind North Korea quake
GMT 10:49 2017 Wednesday ,20 December
Armed forces, LEAs play key role in fight against terrorism: Janjua
GMT 21:49 2017 Saturday ,11 February
S. Sudan president to seek election in 2018
GMT 08:16 2017 Monday ,22 May
Oman's oil minister backs extending cap on crude production
GMT 20:57 2017 Thursday ,25 May
UK raises suicide threat level after concert carnage
GMT 02:01 2017 Saturday ,14 October
Pope celebrates outdoor Easter Mass; Vatican security tight
GMT 13:19 2018 Saturday ,29 September
Al-Sisi's upcoming visit to Russia will open up new horizons, Egypt's FM says
GMT 12:44 2018 Friday ,28 September
EU proposes €40 million for UNRWA to keep health clinics open
GMT 06:43 2018 Thursday ,27 September
Situation in Syria in focus of UN secretary general’s meeting with Russian top diplomat
GMT 21:37 2017 Monday ,06 February
Yemen war erases decade of health gains, many children starving — UNICEF
GMT 08:30 2018 Sunday ,14 January
Iran rules out any change to nuclear accord
GMT 12:21 2018 Wednesday ,10 January
Guterres concerned by news of PM resignation
GMT 15:33 2017 Wednesday ,13 December
North Korea’s overseas financial network squeezed by US sanctions, report says
GMT 14:06 2017 Saturday ,16 September
Egypt condemns 7 to death over IS links, Copt beheadings
GMT 07:04 2017 Sunday ,10 December
As winds relent, scorched California hopes for fire relief
GMT 02:50 2017 Thursday ,03 August
Qatar abolishes 'Kafala' system
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor