Alibaba (BABA) PT Raised to $210 at Pacific Crest

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Alibaba Group Announces September Quarter 2017 Results

November 2, 2017 8:02 AM EDT

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended September 30, 2017.

We had an outstanding quarter. Our consumer insights and technology innovation were the key drivers behind our customer value proposition across the Alibaba economy, said Daniel Zhang, Chief Executive Officer of Alibaba Group. We are seeing the early results from our efforts to integrate online and offline with our New Retail strategy, and consumers have benefited from access to high quality products, improved customer experience and the tremendous convenience of shopping anytime, anywhere.

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