The Alibaba has surprised the analysts

The Alibaba online trading portal increased its turnover and profits in the fourth quarter last year, more than expected.

The Alibaba Group Holding Ltd. online trading portal increased its revenues by 32 percent to 34.54 billion yuan (5.33 billion USD) in the third quarter of its financial year. However, in China, the growth rate was lower: 23 percent, which is the lowest in the past three years. (MTI, tozsdeforum.hu)