Alibaba shares up 8%so far this year، revenue rises most since Sept.2021

Chinese e-commerce giant Alibaba Group shares rose about 8% so far this year and its U.S.-traded shares up by 5% by the end of last week after it announced that the revenue grew by 14% year on year in the quarter ended June to reach 234.16 billion yuan ($32.29 billion) to record the biggest annual increase in sales since the September 2021 versus 224.92 billion yuan expected and comparing to