Multichannel Merchant |
Alibaba Group Reports Strong Growth in Ecommerce
Multichannel Merchant The Alibaba Group reported strong ecommerce growth for the quarter ending March 31. Revenue for the quarter was $5.6 billion, an increase of 60% year-over-year, the highest growth rate since the company went public. Overall revenue growth was 56%. Alibaba's Revenue Soars as China's E-Commerce Market Grows E-commerce drives Alibaba to 56% gain Alibaba's revenue rises 60% as e-commerce bucks slow down |
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