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Alibaba Boasts Big Q2 Earnings

  • Bloomberg, Thursday, November 2, 2017 10:40 PM
Chinese ecommerce giant Alibaba reported robust fiscal second-quarter earnings, on Thursday, including sales growth of 61%. “Cloud computing revenue doubled in the September quarter, cementing its place as one of Alibaba’s fastest-growing businesses,” Bloomberg reports. Looking ahead, the company raised its outlook “for full-year revenue growth.”

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