Overall revenue for Alibaba Group Holding Limited is up by 2% YoY (year-over-year) to RMB 868,687 (US$30,316) million in the fiscal year ended March 31, 2023.  In the same period, revenue for the quarter ended March 31, 2023 also saw a 2% YoY growth, amounting to RMB 208,200 million (US$2,219 million). Cainiao performs the best among business segments Cainiao, the retailer’s logistics and s...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. The European Commission is investigating retailers’ purchase alliances. Agecore, Coopernic and Epic are the specific targets for now, but stricter rules for all may be on their way. An independent Edeka retailer wants to open several autonomous stores in Northern Germany collaboration w...

Aeon grew 4.6% in its overall business with FY ending February 2023, as its operating revenue reaches JPY9,117bn (US$68bn). It saw strong growth in its international business, with double digit growth in most markets through the lifting of pandemic restrictions, providing a strong platform for future growth expansion. Domestic dominates in revenue, overseas notable in profits Aeon achieved ...