It's pathetic to blame macro for your underperformance
Alibaba Misses Revenue Estimates as It Fights for China E-Commerce Market Dominance
May 15 - Chinese e-commerce giant Alibaba reported quarterly revenue that missed Wall Street estimates on Thursday, as the firm works on new strategies to keep consumers spending amid persistent economic weakness and global trade uncertainties.U.S.-listed shares of the company fell more than 4% in premarket trading. They have risen about 58% so far this year.Grappling with high unemployment rates and prolonged weakness in the economy, Chinese consumers have turned increasingly cost conscious, w
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