Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down to ~$2B, Taobao and Tmall revenue up 2% YoY to ~$18B, and a $25B share buyback; BABA rises ~5% (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:
Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down to ~$2B, Taobao and Tmall revenue up 2% YoY to ~$18B, and a $25B share buyback; BABA rises ~5%  —  Alibaba Group Holding Ltd. unveiled a $25 billion addition to its stock repurchase program as it reported disappointing revenue …

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