Alibaba Shares: a Cave Full of Treasure?
Alibaba has announced impressive quarterly results, up 39%, but there are still longer term questions to be asked, says international e-delivery specialistAlibaba has just revealed its quarterly earnings results and as expected they showed YOY profits up - 39% YOY - with revenue of £2.55bn ($3.75bn). However, the international e-commerce delivery experts Fastlane International cautions that there are still a number of issues to bear in mind before investors fall for Alibaba’s spell. Fastlane’s Head of Consumer research, David Jinks MILT, says