Alibaba’s revenue beats estimates

Alibaba’s revenue beats estimates Alibaba’s revenue beats estimates: Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) reported a better-than-expected 59 percent jump in quarterly revenue on Thursday, defying a slowdown in the Chinese economy. Alibaba’s total revenue rose to 32.15 billion yuan, or $4.84 billion, in the quarter ended June […]