Top Chinese e-commerce firm Alibaba.com says it beats forecast with a 340 percent jump in 2007 net profit, thanks to China's buoyant economy, increasing Internet access and growth in the firm's number of paying members.
|
|
|
Ma?Yun,?Chairman?of?the?Board?of?Alibaba.com |
Accordng to local data firm iResearch, Alibaba.com, in which U.S. Internet company Yahoo is a key investor, dominates China's 3.9 billion?yuan business-to-business market, holding a share of over 57 percent.
(CCTV March 19, 2008)
Video]