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Chinese ecommerce

Alibaba is a Cash Machine ( +$4.9 Billion Cash flow )

On Dec 31, 2016, Alibaba announced the financial result for its third fiscal quarter. Some of the noteworthy points that can be summed up are follows- E-Commerce is Booming For Alibaba, the third fiscal quarter brought good news for them. The witnessed a strong growth in the revenue. With an appraisal in the economy by…

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