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Alibaba sales and earnings buck the economic trend

By Bloomberg | China Daily | Updated: 2016-11-04 07:06

Company's fledgling cloud computing unit is star performer

Alibaba Group Holding Ltd showed once again that a slowing Chinese economy isn't holding it back.

The country's largest operator of internet shopping malls posted sales and earnings that beat analyst estimates as revenue easily outstripped economic growth.

Alibaba sales and earnings buck the economic trend

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