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Monthly Archives: October 2017

Chinese e-commerce giant Alibaba surpassed its US counterpart Amazon

Chinese e-commerce giant Alibaba surpassed its US counterpart Amazon as the world’s biggest e-commerce company Tuesday as the Hangzhou-based company reached the threshold of 470 billion U.S. dollars in market value. Shares of Alibaba rose over 1.2 percent in mid-session on Tuesday to 184.32 dollars, hitting a market capitalization of...
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