Alibaba Quarterly Results Beat Expectations, With Entertainment Up 6%

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Alibaba Quarterly Results Beat Expectations, With Entertainment Up 6%
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China’s Alibaba Group posted stronger earnings than expected in its first financial quarter thanks to growth in its core e-commerce and cloud computing sectors, reporting Thursday a 42% rise in qua…

China’s Alibaba Group posted stronger earnings than expected in its first financial quarter thanks to growth in its core e-commerce and cloud computing sectors, reporting Thursday a 42% rise in quarterly revenue. Revenue rose to RMB114.92 billion in the quarter ending June 30, up from last year’s RMB80.92 billion . Analysts had [...

Oscilloscope Laboratories has acquired U.S. rights to SXSW winner “Saint Frances,” written by and starring Kelly O’Sullivan. The film premiered at the 2019 SXSW Film Festival [...]

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