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Alibaba Delivers Q2 Financial Results, Indicates Largest Share Repurchase Program in Company’s History

Aug 04, 2021
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(Source: Alizila) 

Alibaba Group on Tuesday announced its financial results for the quarter ended June 30, 2021. The company continues to show confidence in its long-term prospects by increasing its share repurchase program from $10 billion to $15 billion.

In the quarter ended June 30, 2021, its revenue was 205,740 million yuan ($31,865 million), an incre…

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