Tencent had an unexpected miss this month and Twitter and Facebook are grappling with concerns, but Chinese rival Alibaba experienced no such issue today as it beat analyst expectation after clocking 61 percent annual revenue growth. The Chinese e-commerce giant reported total sales of 80.92 billion RMB ($12.2 billion) for its Q1 2019, fractionally beating Bloomberg’s estimate … Continue reading Alibaba shrugs off China concerns as revenue jumps 61%