This content is not available in your region

Alibaba says to provide commerce segment earnings breakdown

Alibaba says to provide commerce segment earnings breakdown
Alibaba says to provide commerce segment earnings breakdown   -   Copyright  Thomson Reuters 2021
By Reuters

SHANGHAI – China’s Alibaba Group Holding Ltd will provide a breakdown of its commerce segment in earnings, CFO Maggie Wu said in an investor presentation on Friday.

In the future, the company will break down the category into four sub-categories – China commerce, which includes its major domestic-facing e-commerce platforms; international commerce, which will include Lazada, AliExpress, and other overseas-facing sites; local-based services, which will include its food delivery service Ele.me and its mapping service; and Cainiao, its logistics division.