11-08-2016 16:21 via news.yahoo.com

Alibaba passes earnings milestones, silent on SEC probe

BENGALURU/BEIJING (Reuters) - China's Alibaba Group Holding Ltd posted its best revenue growth since before the e-commerce titan's listing in late 2014, lifting its shares to their highest level in a year. In the three months to June 30, Alibaba also made more money from mobile shopping than from PCs for the first time, helping to send its shares up by more than 5 percent to $92.10 in New York, its highest level in more than a year. "This is a decoupling of revenue from GMV (gross merchandise vo
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