Jane Zhang / Bloomberg:
Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down 69% YoY to ~$2B, Taobao and Tmall revenue up 2% YoY to ~$18B, and approves a $25B share buyback — – The move may appeal to some investors as growth plateaus — Alibaba is grappling with market and internal uncertainty
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