Wix, the global Web development platform aimed at small to medium sized businesses, has announced some impressive second quarter numbers. The company reported collections up to $57.4 million, a 44 percent increase year-over-year. The cloud-based…
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Alibaba’s Revenue Jump 59 Percent, GMV Increases by a Quarter
Chinese e-commerce giant Alibaba Group Holding Ltd reported a better-than-expected 59 percent jump in quarterly revenue on Thursday, defying a slowdown in the Chinese economy. Alibaba’s total revenue rose to CNY 32.15 billion, or $4.84…