Alibaba Group Holding Ltd accelerated revenue growth in the crucial fourth quarter, a timely lift for the Chinese Internet company as it prepares for a highly anticipated public offering. Chinas largest Internet company, which plans to raise as much as $16 billion in a 2014 initial public offering that could value it at more than […]
By Alexei Oreskovic SAN FRANCISCO (Reuters) – Yahoo Incs online ad prices slid again in the fourth quarter and Alibaba, the Chinese e-commerce giant in which it owns a big stake, saw revenue growth decelerate from its recent rip-roaring pace. Yahoos overall revenue fell 6 percent in the last three months of the year to […]
By Paul Carsten BEIJING (Reuters) – Huawei Technologies Co Ltd posted an over 40 percent rise in annual operating profit as the Chinese telecom equipment maker expanded its presence in emerging markets, countering reduced revenue growth hit by accusations of cyber-espionage. Huawei, the worlds No.2 telecom equipment maker, has had a turbulent year in which […]
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