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Alibaba taps into the 'Chinese Internet economy'

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Chinese e-commerce giant Alibaba reported a huge jump in quarterly sales. Max Wolff, Chief Economist at Manhattan Venture Partners, says Alibaba has positioned itself "at the crossroads of a couple different industries."

Source : http://money.cnn.com/video/investing/2016/08/11/alibaba-china-internet-economy.cnnmoney/index.html

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