Advertisement
Australia markets open in 3 hours 3 minutes
  • ALL ORDS

    8,002.80
    -20.10 (-0.25%)
     
  • AUD/USD

    0.6648
    -0.0003 (-0.05%)
     
  • ASX 200

    7,759.60
    -23.40 (-0.30%)
     
  • OIL

    81.87
    +0.97 (+1.20%)
     
  • GOLD

    2,338.30
    +25.10 (+1.09%)
     
  • Bitcoin AUD

    92,390.11
    +900.76 (+0.98%)
     
  • CMC Crypto 200

    1,281.52
    +15.38 (+1.21%)
     

Alibaba Platforms Likely Held Up Well During China's Midyear Shopping Event

Alibaba Platforms Likely Held Up Well During China's Midyear Shopping Event

Alibaba's e-commerce platforms may have held up well during China's midyear shopping event, as smaller short-video platforms' sales growth wasn't as strong as expected, Citi analysts led by Alicia Yap said in a research note.