20-02-2025, 09:26 PM
Alibaba shares pop 11% in premarket
20-02-2025, 09:46 PM
Quote: Alibaba’s key business units, Taobao and Tmall Group, posted an annual 5% uptick in revenue to 136.091 billion yuan in the December quarter, while the International Digital Commerce Group — which oversees ecommerce businesses such as Lazard and AliExpress — added 32% year-on-year to 37.756 billion in revenues over the period on the back of “strong performance of cross-border businesses.”

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