Chinese B2B e-commerce website company Alibaba.com announced its financial results for the quarter ended March 31, 2008 and said total revenue increased to RMB680.1 million, an increase of 53.2% year-on-year and 7.2% quarter-on-quarter. "We achieved solid growth in revenue and profitability in the first quarter," said David Wei, CEO of Alibaba.com. "During the quarter, we restructured [...]

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