Alibaba financials in RMB. Expanded revenues by 60%. Net income in line w/ last year despite increasing Sales/Product dev expense from 11B to 17B (54%) 2017-2018 Sept, from 9B to 20B June 17-18 (114%), &from 8B to 14B (62%) March 17-18. China tax cuts May 1 vs taxes Dec 31 on mortgage, rent, school : wallstreetbets

Alibaba financials in RMB. Expanded revenues by 60%. Net income in line w/ last year despite increasing Sales/Product dev expense from 11B to 17B (54%) 2017-2018 Sept, from 9B to 20B June 17-18 (114%), &from 8B to 14B (62%) March 17-18. China tax cuts May 1 vs taxes Dec 31 on mortgage, rent, school : wallstreetbets

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