On Friday, alibaba (BABA.US) opened weaker, dropping more than 3%, falling over 23% from the October high, closing at $87.75.
According to Zhitao Finance APP, on Friday, alibaba (BABA.US) opened weaker, dropping more than 3%, falling over 23% from the October high, closing at $87.75. In terms of news, alibaba reported its interim results for the six months ending September 30, 2024, with revenue of 479.739 billion yuan (RMB, the same below), an increase of 4.53% year-on-year; net income of 64.569 billion yuan, an increase of 13.19% year-on-year; net income attributable to alibaba's shareholders of 68.423 billion yuan, an increase of 10.20% year-on-year; net income attributable to common shareholders of 68.143 billion yuan, an increase of 9.84% year-on-year; basic earnings per share of 3.58 yuan.