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Tag: Q2

Alibaba’s revenue growth eases in Q2, Retail News, ET Retail

Chinese e-commerce giant Alibaba said second quarter revenue growth slowed to 40% on-year Friday, although net profits more than tripled thanks in part to a one-time payment from a fintech affiliate. Total revenue was 119 billion yuan ($16.9 billion), with growth down from 42% in the April-June period and 54% in last year’s second quarter, …

Alibaba’s revenue growth eases in Q2, Retail News, ET RetailRead More

Indiamart Q2 profit falls 55% to Rs 9 crore, Retail News, ET Retail

B2B e-commerce company Indiamart Intermesh on Tuesday posted 55 per cent decline in consolidated net profit at Rs 9 crore for the September quarter, mainly on account of change in tax rate and regulations. The company had posted a profit of Rs 20 crore during the same period of 2018-19. “Tax expense for the quarter …

Indiamart Q2 profit falls 55% to Rs 9 crore, Retail News, ET RetailRead More