Xu Hong
Xu Hong is the Chief Financial Officer of Alibaba Group, where he plays a pivotal role in overseeing the company's financial strategies and operations. Recently, he was in the news discussing Alibaba's quarterly financial performance, highlighting a 22% increase in adjusted net profit, although the results fell short of market expectations, causing Alibaba's stock to drop significantly. Xu emphasized the company's revenue projections and strategies to stabilize market share amid increasing competition in the e-commerce sector.
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Hong Kong:
Xu Hong, the Chief Financial Officer of Alibaba, stated that the commission rate during the quarter benefited from the impact of basic software service fees.
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