A major online retail platform has reported weaker-than-expected financial results, with sales falling short of projections despite strong performance from its cloud computing division. Analysts had anticipated continued growth, but the company’s overall outlook has raised concerns among investors. The cloud business remains a bright spot amid broader challenges, though the mixed performance suggests potential headwinds for future earnings. The report highlights a widening gap between the company’s core retail operations and its high-margin cloud services.
Ecommerce giant posts disappointing sales and guidance despite booming cloud unit
