Employees work at the Alibaba office at the company’s headquarters in Hangzhou, Zhejiang Province, in this file photo. China’s major Internet firms reported robust expansion in both revenue and profit in the first 11 months of 2019, official data showed. Major Internet companies raked in 1.09 trillion yuan (US$155.51 billion) in revenues in the first 11 months, up 22.4 percent year on year, according to the Ministry of Industry and Information Technology. SD-Agencies |