China's e-commerce giant Alibaba said Thursday that its net income jumped 146 percent to more than 17.4 billion yuan (2.63 billion U.S. dollars) year-on-year in the second fiscal quarter ending September.

The group's revenue was about 55 billion yuan (8.32 billion U.S. dollars) in the quarter, up 61 percent year-on-year, Alibaba said.

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