Alibaba’s Profit Slips as It Spends to Expand Its Empire by RAYMOND ZHONG

By RAYMOND ZHONG The Chinese e-commerce giant is spending heavily to become a full-service tech company like Google. But expanding into new ventures isn’t cheap. Published: May 4, 2018 at 02:00AM from NYT Technology https://ift.tt/2rjSq77 via IFTTT