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China e-commerce giant Alibaba Group reported faster revenue and earnings growth for its most recent quarter in a filing Wednesday, just ahead of its potentially record-setting IPO. Revenue in local currency rose 46% to $2.54 billion for the quarter ended June 30 vs. the same quarter a year earlier, Alibaba said in the Securities and Exchange Commission filing. Net income of $1.99 billion, or 84 cents a share, leapt 182% from a Scalper1 News
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