Alibaba posts strong results as shopping, cloud units grow

by www.seattletimes.com
HONG KONG (AP) — Alibaba, the Chinese e-commerce company, reported better-than-expected third-quarter results, as revenue soared at its shopping sites, cloud computing unit and its video streaming services. Shares of Alibaba rose more than 3 percent before the stock market opened in New York Wednesday. The company said its Taobao shopping app, which has been […]
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