HONG KONG -- The chairman and CEO of Alibaba Group Holding expects the company to be challenged by China's tightening rules on internet platforms, as the e-commerce conglomerate reported better-than-expected quarterly earnings on Tuesday.
For the September-December period, Alibaba revenue jumped 37% to 221.08 billion yuan ($34.2 billion), and net income rose 27% to 59.2 billion yuan, the company said, with both figures beating analysts' estimates.
