Net earnings at Alibaba, the Chinese e-commerce giant and media owner, dropped by 50% to $3.40 billion (RMB22.7 billion) in the three months between April and June, the first quarter of its current financial year. Revenues were unchanged at $30.7 billion (RMB206 billion). Using Alibaba’s preferred non-GAAP methodology for calculating profitability, the quarter’s net earnings […]
Southampton are bottom on one point
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