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FILE - In this Sept. 19, 2014, file photo, the Alibaba logo is displayed during the company's IPO at the New York Stock Exchange.  China’s biggest e-commerce firm Alibaba Group Holding reported a 30% jump, Thursday, Nov. 5, 2020,  in quarterly revenue, as China recovers from the virus and online shopping demand remains high.   (AP Photo/Mark Lennihan, File)

FILE - In this Sept. 19, 2014, file photo, the Alibaba logo is displayed during the company's IPO at the New York Stock Exchange. China’s biggest e-commerce firm Alibaba Group Holding reported a 30% jump, Thursday, Nov. 5, 2020, in quarterly revenue, as China recovers from the virus and online shopping demand remains high. (AP Photo/Mark Lennihan, File)

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