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Alibaba mobile sales soar 192% in strong Q4

2016-01-28 13:41:00| Telecompaper Headlines

(Telecompaper) Alibaba Group said its strong fourth-quarter results were boosted by increasing user monetization, particularly on mobile devices, and the continued rapid growth of its China commerce retail business. Revenues rose 32 percent year-on-year to CNY 34.54 billion (USD 5.33 billion). The adjusted EBITDA was up 27 percent to CNY 19.11 billion. Net profit more than doubled to CNY 12.49 billion from 5.98 billion a year ago.

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With SoftBank's slide, it's worth less than stake in Alibaba

2016-01-24 06:35:10| IT Services - Topix.net

SoftBank Group Corp. tumbled below the value of its stake in Alibaba Group Holding Ltd. amid growing concerns about the Japanese company's other assets, including struggling U.S. wireless carrier Sprint Corp. SoftBank's market capitalization stood at 5.89 trillion yen Friday after its stock rebounded 8 percent after a four-day losing streak triggered by rising pessimism about Sprint's ability to pay down debt. That still lags the $56 billion that its stake in Alibaba is worth, according to its own website.

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Alibaba Group Holding Ltd (NYSE:BABA) Affiliate Gets $30m from IFC

2016-01-20 06:42:54| Logistics - Topix.net

Alibaba Group Holdings Ltd affiliated logistics firm, Best Logistics Technologies has received a capital boost from the International Finance Corporation to the tune of $30 million. The Chinese logistics firm seeks to raise $700 million ahead of its planned initial public offering.

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Alibaba Group Holding Ltd in Retailing (China)

2016-01-14 01:00:00| Apparel & textile industry market research - from just-style.com

Alibaba Group Holding will continue to invest in new business areas, with an emphasis on globalisation and O2O, to attract new users to its online platforms and to boost the shopping experience of exi

Tags: group china holding alibaba

 

Alibaba Group Holding Ltd in Retailing (China)

2016-01-14 01:00:00| Beverage industry market research - from just-drinks.com

Alibaba Group Holding will continue to invest in new business areas, with an emphasis on globalisation and O2O, to attract new users to its online platforms and to boost the shopping experience of exi

Tags: group china holding alibaba

 

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