Wednesday 12 August 2015

The Numbers Behind Alibaba's Booming Business

In results released today, the Chinese internet company highlighted its emergence as one of the web’s most formidable businesses.

Mark Ralston / AFP / Getty Images

Alibaba's revenue from those sales was $3.3 billion, "only" 28% annual growth and below what Wall Street analysts expected. According to data collected by Bloomberg, revenue growth has averaged $56 for the last three years.


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