Nov 25 (Reuters) - Chinese e-commerce giant Alibaba ( BABA )
beat analysts' estimates for quarterly
revenue on Tuesday, as investments in one-hour delivery helped
drive more users to its shopping apps, while its cloud division
reported strong growth.
The company reported revenue of 247.80 billion yuan ($34.97
billion) in the second quarter, compared with the estimates of
242.65 billion yuan, according to data compiled by LSEG.
($1 = 7.0853 Chinese yuan renminbi)
(Reporting by Harshita Mary Varghese in Bengaluru; Editing by
Anil D'Silva)