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This Article is From Jun 08, 2017

Alibaba to Show the Payoff in Ventures Beyond E-Commerce: Chart

Alibaba to Show the Payoff in Ventures Beyond E-Commerce: Chart

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(Bloomberg) -- Alibaba Group Holding Ltd. will try to show this week how investments in cloud computing and online media are helping offset a slowdown in its bread-and-butter business. China's largest e-commerce company will provide an outlook for fiscal 2018 at its investor-day conference starting Thursday, and analysts are projecting 35 percent growth to 213.5 billion yuan ($31.4 billion).

To contact the reporter on this story: Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.net.

To contact the editors responsible for this story: Robert Fenner at rfenner@bloomberg.net, Edwin Chan

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

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