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Alibaba’s profit doubles to $2.1B after another huge quarter of…
Alibaba’s profit doubles to $2.1B after another huge quarter of business Jon Russell, techcrunch.com Alibaba had another blockbuster quarter of business as its profits almost doubled. The Chinese e-commerce giant reported net profit of 14 billion RMB ($2.1 billion) for its recent quarter that finished June 30 — that’s up 96 percent year-on-year… Source: techlab