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Replies to post #96887 on Derf's Grotto
fung_derf
08/22/18 1:44 PM
#96889 RE: earlylight #96887
08/23/18 12:40 PM
#96892 RE: earlylight #96887
Alibaba Group Holding Ltd (BABA) The world's biggest online retailer said first-quarter revenue rose 61 percent, beating analysts' estimates, driven by growth in its core e-commerce business. Net income attributable to shareholders, however, fell 41 percent to 8.7 billion yuan, or 3.3 yuan per share, due to one-off costs related to share-based compensation for Ant Financials' recent fundraising. Revenue reached 80.9 billion yuan in April-June.