Alibaba beats sales forecasts on strong commerce growth

BEIJING (Reuters) - Alibaba Group Holding Ltd , China's biggest e-commerce firm, reported a 61 percent increase in fourth-quarter revenue, beating analyst estimates, driven by stronger than expected growth in its core commerce business.

from Reuters: Top News http://uk.reuters.com/article/uk-alibaba-results/alibaba-beats-sales-forecasts-on-strong-commerce-growth-idUKKBN1I51A2?feedType=RSS&feedName=topNews