Alibaba Results Reveal Anaemic Chinese Business, Solid International Growth

Alibaba Group Holding Ltd. reported solid growth in businesses including its international and cloud divisions, helping to offset some of the drag from an anaemic Chinese commerce business.

Overall sales rose about 5 percent after the internet pioneer’s domestic e-commerce operation eked out just 1 percent growth, reflecting the poor consumer sentiment plaguing its core business. But the international division, which encompasses Lazada and the Temu-like AliExpress, expanded revenue 35…