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Alibaba shares soar as it plays down hit from record $2.78 bn fine

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Shares in tech giant Alibaba climbed more than six percent Monday as the ecommerce titan reassured investors that a record $2.78 billion antitrust fine imposed by China would have little impact on its operations.

The post Alibaba shares soar as it plays down hit from record $2.78 bn fine appeared first on The Guardian Nigeria News – Nigeria and World News.

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