Chinese e-commerce giant Alibaba Group in the first quarter posted its best revenue growth since before its listing in late 2014.
The company reported revenues of more than 32 billion yuan in the quarter, up almost 60 percent from a year ago and Alibaba’s highest growth since late 2013.
Alibaba shares jumped to their highest level in more than a year at U.S.$92 on the better-than-expected report.
