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Alibaba revenue growth seen slowest on record; to intensify fight with

Chinese e-commerce giant Alibaba Group Holding Ltd is expected to post its weakest quarterly revenue growth on record, Thomson Reuters data shows, a slowdown analysts say will heat up the battle with smaller rival Inc in a tougher economy.

Alibaba’s revenue for the quarter ending December is projected to grow at 26.6 percent, according to a Thomson Reuters SmartEstimate survey of 28 analysts, which would be the slowest rate since the company started publishing such data 3-1/2 years ago.

The pace also lags the 47-51 percent revenue growth projected for the same period, which is also the slowest expansion since the company started releasing records.