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Mobile Commerce Booms for Alibaba

Alibaba’s earnings are on the rise and the growth in the use of mobiles for the commerce transactions is becoming a key driver for Alibaba’s success. During its most recent quarter, Alibaba’s monthly active users on mobiles rose by 77% totalling a staggering 289 million users. The revenues generated by these m-commerce transactions have nearly quadrupled and make up for almost 40% of ...

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