quarterly revenue

On Thursday, Chinese e-commerce behemoth Alibaba announced an unexpected 14 percent year-on-year gain in quarterly sales, despite a broader economic slump. Alibaba is a major role in China’s burgeoning digital economy and the owner of a...

The company’s shares fell 4.2 percent to $90 before the bell. The maker of My Little Pony and Nerf guns warned last October of weak holiday sales due to the bankruptcy of retailer Toys ‘R’ Us....