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in Tech

Alibaba shares pop 5% after earnings beat — but reports first flat revenue growth in history

by Editor August 4, 2022, 12:22 pm 1.6k Views

Alibaba says will work to keep trading in U.S., Hong Kong after being added to SEC delisting risk list

Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022.

Kuang Da | Jiemian News | VCG | Getty Images

Alibaba reported fiscal first-quarter earnings on Thursday that beat expectations, sending its stock higher in U.S. premarket trade.

Shares of the Chinese…

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