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Alibaba Still Sparks 37% Growth Despite Antitrust Scrutiny

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

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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