Alibaba has beaten analyst estimates and posted runway sales during its last quarter despite a growing global backlash against Chinese companies.
The ecommerce giant saw revenues jump 34 per cent to RMB153 billion (£16.4 billion) in the three months to the end of June.
This came well above analyst forecasts of RMB147.3 billion (£16.1 billion) as 28 million more active shoppers flocked to its various platforms following a cautious first quarter, topping 874 million in June.
