Alibaba.com, China's top e-commerce firm, said its second quarter profit fell 34 percent from last year due to increased spending on infrastructure and technology. David Wei, the company's CEO, discusses the quarter.
Friday, August 14, 2009
Alibaba CEO, David Wei, Interview - Discusses Increased Spending and Quarterly Results
Alibaba.com, China's top e-commerce firm, said its second quarter profit fell 34 percent from last year due to increased spending on infrastructure and technology. David Wei, the company's CEO, discusses the quarter.
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