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Alibaba 1Q16 operations up on year

Chia-Han Lee, Taipei; Adam Hwang, DIGITIMES Asia Friday 6 May 2016 0

China-based e-commerce operator Alibaba Group Holding has reported consolidated revenues of CNY24.184 billion (US$3.751 billion) increasing 38.8% on year, net operating profit of CNY5.112 billion hiking 96.7% and net profit of CNY5.314 billion for first-quarter...

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