Slowest revenue growth since IPO

Alibaba on Thursday reported its slowest quarterly revenue growth since going public and missed expectations, but the Chinese e-commerce giant did beat on earnings.

Here’s how Alibaba did in its fiscal third-quarter, versus Refinitiv consensus estimates: 

• Revenue: 242.58 billion ($38.06 billion) vs. 246.37 billion yuan estimated, a 10% year-on-year rise.
• EPS: 16.87 ($2.65) yuan per share vs. 16.18 yuan per share estimated, a 23% year-on-year fall.

The 10% revenue growth is the slowest quarterly year-on-year growth rate for the company since its 2014 U.S. listing.

Alibaba shares were…