AlibabaThe Alibaba Group reported first quarter results which ended 31st March 2014. The company posted a net profit of US$893 million, an increase of 32% over the same period last year. Revenue was up 38% to US$1.9 billion.  This represents a slowing of the growth rate which was 62% in the first quarter of 2013.

Source:  Business Strategies Group Hong Kong  –  www.bsgasia.com