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Alibaba’s Revenue Jumps But Investments to Prolong Margin Squeeze

The logo of Alibaba Group is seen at the company's headquarters in Hangzhou

By Cate Cadell BEIJING (Reuters) Alibaba Group Holding Ltd , China’s biggest e-commerce firm, warned on Thursday investments in its delivery business would keep pressuring profits even as it reported its strongest-ever quarterly revenue growth, largely in line with estimates U.S.-listed shares of Asia’s most valuable public company rose early on Thursday but then erased […]

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