ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Alibaba flies above Ant turmoil with strong earnings growth

Group will continue to offer customer credits despite clampdown on microloans: chairman

The abrupt halt of the much-anticipated listing of Ant Group, of which Alibaba Group Holding holds a one-third stake, has cast a shadow over the e-commerce company's outlook.   © Reuters

HONG KONG -- Alibaba Group Holding, China's largest e-commerce company, shrugged off concerns over the last-minute suspension of the highly anticipated listing of affiliate Ant Group with another quarter of strong earnings growth, as the online shopping momentum amid the coronavirus pandemic continues.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more