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Alibaba is doing so well, that its high-margin e-commerce business is throwing enough cash around to bankroll its more-nascent bets. The stock is trading for just 14 times this year's earnings and ...
Sea Q2 revenue jumped 38% to $5.26B, beating estimates, as e-commerce, fintech, and gaming segments all delivered strong growth. Shopee hit records, Monee grew 70%, and Garena bookings rose 23%, ...
CEO C. Douglas McMillon highlighted "strong top line results again this quarter, with sales up 5.6% in constant currency." He noted global e-commerce sales growth of 25%, with Walmart U.S. and Sam's ...
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