Alibaba Surges Despite Weak Apparel Sales for March Quarter
Alibaba reported a negative impact in apparel sales during the March quarter but surpassed a milestone of $1 trillion in annual gross merchandising value.
For Tmall's March quarter, sales slumps in major categories like apparel and accessories were offset by a rise in sales of daily necessities. Photo: Shutterstock
For Tmall's March quarter, sales slumps in major categories like apparel and accessories were offset by a rise in sales of daily necessities. Photo: Shutterstock