Reuters |
Alibaba revenue beats expectations with strong e-commerce, media growth
Reuters BEIJING Chinese e-commerce firm Alibaba Group Holding Ltd on Thursday reported a 55 percent rise in second-quarter revenue, beating analyst estimates, on the back of core online sales and strong media and entertainment growth. Revenue reached 34.3 ... Alibaba's Cloud Arm Set for Center Stage as E-Commerce Plateaus Nation's spending power will lift overseas brands' 11-11 sales Grocery Wars: Alibaba and JD.com Compete Against Supermarkets, Corner Stores |
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