Alibaba posts 54% quarterly sales surge
By Meng Jing | China Daily | Updated: 2014-11-05 07:33
Company aims to make 'Double 11' shopping event a global attraction
Alibaba Group Holding Ltd on Tuesday released its first quarterly financial statement, which showed revenue growth of 54 percent year-on-year.
The company conducted a record-breaking $25 billion initial public offering on the New York Stock Exchange in September.
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