Alibaba Group Holding Ltd.’s solid earnings beat initially impressed investors before early gains evaporated and then some. Perhaps that’s because such surprises have become old news and traders are looking deeper for signs of how China’s slowdown is impacting its biggest online retailer. While its adjusted earnings per share have beaten consensus estimates in each of the six quarters since the company went public in September 2014, the growth of the business is slowing by one key metric, gross merchandise value.
Before it's here, it's on the Bloomberg Terminal. LEARN MORE