Alibaba misses with Q2 sales of $31.4B, up 29% YoY but below $32.1B estimates, as net income reached $846M (Coco Liu/Bloomberg)

Coco Liu / Bloomberg:
Alibaba misses with Q2 sales of $31.4B, up 29% YoY but below $32.1B estimates, as net income reached $846M  —  – Outlook fell short as quarterly sales numbers missed estimates  — China’s e-commerce leader struggling with slowing consumption  —  Alibaba Group Holding Ltd. outlook …