Alibaba, FedEx Breakup, Amazon Teams
Alibaba Quarterly Results Show 42% Y/Y Sales Growth Alibaba announced last quarter’s results which showed a 42% increase in revenue Y/Y driven largely by growth in the eTailer’s China eCommerce businesses. This represents strong re-acceleration from last quarter, when total revenues grew 33% Y/Y. Alibaba noted a key driver of this was…
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