Alibaba Beats Third-Quarter Expectations
Alibaba's digital media and entertainment segment reported a 273% revenue increase.
Chinese e-commerce company Alibaba (BABA) - Get Report exceeded market expectations and saw sales jump 54% from the same time last year to $7.7 billion for its third quarter, beating the consensus of $7.3 billion by analysts polled by FactSet.
This article was written by a staff member of TheStreet.
