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Alibaba Beats Expectations

Credit: Wochit Business
Published 2 weeks ago - Duration: 00:30s

Alibaba Beats Expectations

A man stands near the logo of Alibaba Group at the company's newly-launched office in Kuala Lumpur, Malaysia June 18, 2018.

REUTERS/Lai Seng Sin (Reuters) - China’s Alibaba Group Holding Ltd beat analysts’ estimates for fourth-quarter revenue on Wednesday, boosted by growth in its core e-commerce and cloud computing businesses.

The company’ shares rose more than 2% to $179.79 in pre-market trading.

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Alibaba Beats Expectations

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Credit: Wochit Business - Published 2 weeks ago 

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