Alibaba beats estimates as recommendations boost sales

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HONG KONG (Bloomberg): Revenue at China’s biggest e-commerce company rose 51% to 93.5 billion yuan (US$13.6bil) in the three months ended in March, above the 91.7 billion-yuan average of analysts’ estimates compiled by Bloomberg. Adjusted earnings-per-share was 8.57 yuan, topping projections for 6.5 yuan. …read more    

15/05/2019 |

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