Alibaba’s growth misses target making Yahoo investors groan

first_imgThursday 29 January 2015 9:02 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GameConsumer TechSee Everything from Miles Away Like You Are Standing Next to ItConsumer Tech Express KCS Show Comments ▼ ONLINE media group Yahoo, one of Alibaba’s largest shareholders, saw its shares tumble 5.8 per cent yesterday after the Chinese e-commerce giant reported slower than expected growth.Alibaba’s revenue rose 40 per cent to $4.22bn (£2.8bn) in the quarter to the end of December, but missed analyst’s expectations of $4.45bn, sending its shares down 8.8 per cent. The quarterly results are the second since Alibaba’s record-breaking $25bn New York Stock Exchange float last year.Net income actually fell 28 per cent to $964m, due to “an increase in share-based compensation expense, a one-time charge for financing-related fees and an increase in income tax expenses” during the period. Earlier this week Yahoo announced plans to spin out its $39bn stake in Alibaba into a separate publically traded company.Alibaba’s shares closed at $89.81 and Yahoo closed at $43.73 last night. Alibaba’s growth misses target making Yahoo investors groan center_img More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over Share whatsapp Tags: NULLlast_img

About the author

Leave a Reply

Your email address will not be published. Required fields are marked *