Yahoo (YHOO +2.2%) jumps after disclosing in its Q1 10-Q Alibaba's calendar Q4 revenue rose 80%...

|By:, SA News Editor

Yahoo (YHOO +2.2%) jumps after disclosing in its Q1 10-Q Alibaba's calendar Q4 revenue rose 80% Y/Y to $1.84B, and its net income rose 171% to $642M. The revenue growth rate is actually faster than the 74% produced for the 12 months ending Sep. 30, and is bound to lift Yahoo investor hopes for a big post-IPO valuation. (Bloomberg report) (Reuters analysis)