For AliBaba, it is About Mobile Payments
April 21, 2017 at 11:59 AM EDT
Alibaba’s revenues for the third quarter grew an impressive 54% over the year to RMB 53.24 billion (~$7.7 billion), ahead of the market’s forecast of RMB 50.1 billion (~$7.3 billion). EPS for the quarter grew 43% to $2.57 billion, or $1 a share.
