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Alibaba beats estimates on record Singles' Day sales

Reuters India Thursday, 13 February 2020
China's Alibaba Group Holding Ltd beat analysts' estimates for quarterly results on Thursday, driven by record sales during its annual Singles' Day shopping blitz and demand for its cloud computing business.
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News video: Alibaba beats forecasts after record Singles' Day

Alibaba beats forecasts after record Singles' Day 00:58

Alibaba again beat forecasts thanks to record sales at its annual Singles' Day shopping extravaganza. Julian Satterthwaite reports.

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