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Added on the 12/08/2016 12:45:27 - Copyright : Reuters EN
Shanghai, China, Feb 2 (EFE/EPA).- (Camera: Alexander Plavevski) Chinese e-commerce giant Alibaba posted revenue of 221.08 billion yuan ($33.88 billion) in the quarter that ended December, a rise of 37% year-on-year. FOOTAGE OF THE ALIBABA HQ IN SHANGHAI.
Chinese Internet giant Alibaba is expected to report earnings on Tuesday for July-September with revenue growth likely to have halved compared to the same quarter last year. Meg Teckman reports.
The Chinese e-commerce giant's quarterly revenue grew 45 percent. The company named a new CEO but didn't say why it's making the change. Fred Katayama reports.
The Chinese e-commerce giant addded 29 million mobile users in the latest quarter. That's more than the population of Texas. Fred Katayama reports.
Investors will need to digest earnings from major Asian companies across the region while Macau is expected to unveil disappointing gambling revenue data. Tara Joseph reports.