Alibaba (BABA) – Get Report has already had a decent singles day, but how does the day stack up historically?
First off, the company told TheStreet’s Annie Gaus that sales would come in with strength. Well, revenue for the day grew over 2018’s number, hitting a record of more than $31 billion just for the fist 11 hours of the event.
But that just means 2018 was a record high and the sales kept growing at a positive rate.
Analysts and investors have recently flagged revenue deceleration as one area of slight concern, which is something Amazon (AMZN)…
Continue lendo em https://www.thestreet.com/video/alibaba-singles-day-what-is-it-sales-2019-15162203
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