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China e-commerce giant Alibaba's quarterly revenue leaps 39 percent

Chinese e-commerce giant Alibaba's revenue surged 39 percent year-on-year in the first three months of 2016, it said Thursday, its fastest growth in the last four quarters. Revenue hit 24.18 billion yuan (3.75 billion US dollars ) for the three months to March, it said in its quarterly results announcement, defying both China's economic slowdown...

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