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Alibaba misses revenue estimates; boosts buyback by US$25 billion

SHANGHAI: China's Alibaba Group Holding on Wednesday (Feb 7) missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world's second-largest. The company's US-listed shares, which announced an increase of US$25 billion to its share repurchase pr

Alibaba not in a hurry with Cainiao, Freshippo IPOs: Chairman Tsai

HONG KONG Alibaba Group Holding is "not in a hurry" to proceed with initial public offerings of Cainiao Smart Logistics and brick-and-mortar chain…

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