, Columnist
Alibaba’s Exceptions Are the New Rule for Earnings
“If not for” was the mantra for the June quarter’s earnings.
Ifs, ands and buts.
Photographer: Michael Nagle/Bloomberg
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Alibaba Group Holding Ltd. posted solid top-line growth, yet operating and net income plummeted from a year earlier.
That’s the simple summary of the Chinese e-commerce company’s earnings for the June quarter.