Alibaba Group Holding Ltd received a quarter loss for the first time since 2014 after a record penalty

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One of the largest world players in the sphere electronic commerce — the Chinese Alibaba Group Holding Ltd — received an operational loss in the I quarter of $1,2 billion (7,7 billion yuans). Company received a quarter loss for the first time since that moment as became public in 2014, writes information agency "Reuters". Actions of companies, bargaining at the Hong Kong stock exchange, fell after the publication reportings to 3% in relation to closing of the previous trading session — to 213,2 Hong Kong dollars. Company received a loss because at the beginning of a year the state management on control behind the market China fined Alibaba Group Holding Ltd...
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