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Alibaba Shares Surge in Hong Kong After Earnings Beat Estimates
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News Editor / 6 months
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- 1 min read
Alibaba Group’s shares soared in Hong Kong trading on February 21, 2025, after the Chinese e-commerce giant reported quarterly earnings that exceeded market expectations. The company’s robust performance was driven by strong growth in its cloud computing and international commerce segments. Alibaba’s revenue for the quarter reached 45.6 billion, surpassing analysts′ estimates of 43.8 billion. Net […]