Wednesday, August 12, 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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