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Alibaba revenue rises in third quarter | Kazakhstan News: Latest news on Kazakh TV [Video]

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Chinese e-commerce giant Alibaba reported a record revenue for the third quarter 2015. Compared with the same period last year its profits grew by 32%. Revenue for July-September 2015 amounted to $3.49 bln, while analysts had expected it in the amount of 21.3 bln yuan. Alibaba sales in the third quarter increased by 28% and reached $112 bln. Sales revenue coming from mobile devices amounted to $1.66 bln.

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