Alibaba quarterly revenue rises 61 percent

(Reuters) - China's Alibaba Group Holding Ltd reported a better-than-expected 61 percent rise in fourth-quarter revenue on Friday, driven by steady sales in its core ecommerce and cloud computing businesses.

from Reuters: Top News http://uk.reuters.com/article/uk-alibaba-results/alibaba-quarterly-revenue-rises-61-percent-idUKKBN1I51A2?feedType=RSS&feedName=topNews