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Alibaba Expects Faster Revenue Growth on Commerce, Cloud Businesses
Wall Street Journal The Hangzhou-based internet company founded by Jack Ma has been expanding into physical retail as growth in China's e-commerce space slows and competition intensifies. Among others, it invested $2 billion in Lazada in March, doubling down on the ... Alibaba's e-commerce engine powers acquisition spree Alibaba sees 2019 revenue growth above 60 per cent as it pushes beyond e-commerce, wins new markets Alibaba Q4 revenue grew 61% on top of strong e-commerce & cloud computing sales |
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