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Alibaba 2Q16 operations up on year

Chia-Han Lee, Taipei; Adam Hwang, DIGITIMES Asia Friday 12 August 2016 0

Alibaba Group on August 11 released its financial report for the second quarter of 2016, with GMV (gross merchandise volume) of CNY830.7 billion (US$126 billion) increasing 24% on year, consolidated revenues CNY32.154 billion up 59%, EBITDA (earnings...

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