Alibaba Group reported earnings today and blew past Wall Street expectations for a knockout quarter. Some key highlights include 56% year-over-year (YoY) growth, 58% YoY growth in core commerce revenue ($7 billion), 460 million active monthly users, 529 million monthly mobile users, 96% YoY revenue growth in cloud computing, and $4 billion in core commerce adjusted EBITA.

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Michael Zakkour
Michael Zakkour