Alibaba Reports 3Q - Sees No Slowdown

Net Up 48.9%; Sees No Slowdown; said it will repurchase up to HK$2.0 billion (US$258 million) of the company's ordinary shares by the end of 2009. Alibaba Chief Executive David Wei told reporters Tuesday that he has seen no sign of a slowdown in the company's business so far in the fourth quarter. [Reuters]