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Alibaba adds US$7.5b to its market value

Revenue mostly comes from home market; it will accelerate globalisation this year

Hong Kong

ALIBABA Group Holding Ltd added US$7.5 billion to its market value after reporting quarterly results beat estimates and raising its full-year sales forecast.

China's biggest e-commerce company increased its projection for fiscal 2017 revenue growth to 53 per cent, from 48...

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