Alibaba sales beat estimates on 'outstanding' quarter, raises forecast
https://www.reuters.com/article/us-alibaba-results/alibaba-sales-beat-estimates-on-outstanding-quarter-raises-forecast-idUSKBN1D21FG
Alibaba Group Holding Ltd hailed an "outstanding quarter" on Thursday and raised its outlook for the year after beating forecasts with a 61 percent revenue rise driven by strong growth in online sales.