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Bad sign for Yahoo: Alibaba’s growth slows

Yahoo’s fourth-quarter results were pretty much in line with analyst estimates. This time, investors found disappointment in a business Yahoo has no control over: Alibaba.

Yahoo, which owns a 24 percent stake in Alibaba, reported the Chinese e-commerce giant’s growth is slowing.

Yahoo reported Alibaba’s revenue was USD1.78 billion for the quarter ended in September, up 51 percent from a year ago. That compares with 61 percent year-over-year growth in the previous three months and 71 percent growth in the period before that.