Alibaba's Q1 beats estimates as revenue rose 56% to $7.4B, with revenue rising 58% in core ecommerce, almost 50% in cloud, and 30% in media (Lulu Yilun Chen/Bloomberg)

Alibaba's Q1 beats estimates as revenue rose 56% to $7.4B, with revenue rising 58% in core ecommerce, almost 50% in cloud, and 30% in media (Lulu Yilun Chen/Bloomberg)

Lulu Yilun Chen / Bloomberg:
Alibaba's Q1 beats estimates as revenue rose 56% to $7.4B, with revenue rising 58% in core ecommerce, almost 50% in cloud, and 30% in media  —  Results beat projections on both the top and bottom lines  —  Cloud revenue doubles but media climbed just 30 percent

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