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Alibaba Beats Expectations

Video Credit: Wochit Business - Duration: 00:30s - Published < > Embed
Alibaba Beats Expectations

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

CHINA OUT, MARCH 17, 2014 FILE PHOTO SEPT.

19, 2014, FILE PHOTO No access Chinese mainland .

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