Alibaba sees its revenue reach over $36b

Chinese tech heavyweight Alibaba Group Holding Ltd reported on Wednesday night its revenue stood at 260.35 billion yuan ($36.2 billion) during the October-December period, an increase of 5 percent year-on-year, while its net income reached 10.72 billion yuan, down 77 percent year-on-year.The company has approved an additional $25 billion to its share buyback program through…