Chinese e-commerce giant Alibaba said Thursday its net profit for the three months ending December plunged 28 percent to $964 million, hit mainly by a one-off charge and higher taxes.
Alibaba, which completed the world`s biggest IPO with its listing on the New York Stock Exchange in September, said earnings per share reached 81 cents, up 13 percent from the same period a year ago.
Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.
