Jack Ma has been in the global headlines lately for meeting with President Trump and for discussing world affairs at the World Economic Forum in Davos, Switzerland. But for the company he founded, the story is still at home.
On Tuesday, Alibaba Group, the Chinese e-commerce giant, posted strong earnings for its third quarter and beat analysts’ estimates. The quarter, which ended in December, is an essential one for the company: Its biggest sales event of the year is in November.
Nonetheless, the results showed how Alibaba — despite Ma’s global profile and its 2014 initial public offering in the United States