A glass wall with the Alibaba logo at the company's headquarters on the outskirts of Hangzhou. The company is predicted to post robust earnings growth before the US market opens on Thursday for its fiscal first quarter ended June 30, driven by its core retail operations in mainland China. Photo: Reuters

Alibaba’s first-quarter profit may rise 32 per cent as more Chinese take to shopping online

New York-listed company expected to top US$150 billion in gross merchandise volume in a quarter for the first time, during the three months ended June 30.

Topic |   Alibaba

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A glass wall with the Alibaba logo at the company's headquarters on the outskirts of Hangzhou. The company is predicted to post robust earnings growth before the US market opens on Thursday for its fiscal first quarter ended June 30, driven by its core retail operations in mainland China. Photo: Reuters
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