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Alibaba Still Sparks 37% Growth Despite Antitrust Scrutiny

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Amid heavy antitrust scrutiny, Alibaba Group reported a strong third quarter with revenue growth of 37 percent year over year to 221.1 billion yuan ($33.9 billion), beating Bloomberg analyst estimates of a 33 percent increase and showing the continued strength of its retail and logistics operations. Alibaba’s core commerce business, which includes the company’s Taobao,…

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