24-01-2017 16:24 via telecoms.com

Alibaba earnings show its more than just an online bargain hunters paradise

Alibaba has released its quarterly earnings for the period ending December 31, showing the company is more than just an eCommerce giant.
Revenues for the quarter were reported at roughly $7.76 billion, a 54% year-on-year increase, with the core eCommerce business accounting for around 87%, though there were also strong gains in the cloud computing unit and digital entertainment.
Like Amazon, Alibaba has risen to dominance in the eCommerce arena before using its substantial digital capacity and r
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