​Alibaba Q1 revenues rise 34% but miss expectations

Alibaba

The Chinese e-commerce group Alibaba posted revenues of RMB 205.7 billion (€26.9bn-$31.9bn) in the first quarter ended June 30, an increase of 34 percent on the year earlier but below analyst expectations of a top line of at least RMB 209 billion (€27.3bn-$32.3bn) and lower than the 64 percent growth ...

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