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Alibaba on track to recovery

Published Sun, May 17, 2020 · 09:50 PM

E-COMMERCE giant Alibaba is one of the world's fastest growing technology companies. It dominates China's e-commerce industry with 59 per cent of market share and total revenue of RMB376.8 billion (S$75.6 billion) in 2019 with its core retail segment as the largest revenue contributor.

Its cloud computing business, which is now the largest in Asia, has gained good momentum recently and …

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