Alibaba's Revenue Rises as Profits Boosted by Investments
Alibaba, China's big name in e-commerce, entertainment, and tech, saw its revenues go up by 5% to about $33. 7 billion in the recent quarter. This was the result of a 63% jump in net profits to $6. 25 billion. But it's not all straightforward - some of this boost came from changes in the value of th