Alibaba Group Holding chief executive Daniel Zhang Yong expects this year’s edition of the company’s Singles’ Day shopping promotion to be “bigger and more successful than in previous years”. Photo: Handout

Alibaba posts 54 per cent quarterly revenue growth ahead of Singles’ Day shopping festival

  • New York-listed Alibaba saw net income increase 13 per cent to 20 billion yuan (US$2.9 billion) in the quarter ended September 30
Topic |   Alibaba

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Alibaba Group Holding chief executive Daniel Zhang Yong expects this year’s edition of the company’s Singles’ Day shopping promotion to be “bigger and more successful than in previous years”. Photo: Handout
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