Alibaba revenue up 41 pct in Q3 of 2019 fiscal year

          Source: Xinhua| 2019-01-30 23:22:31|Editor: yan
          Video PlayerClose

          HANGZHOU, Jan. 30 (Xinhua) -- Chinese e-commerce giant Alibaba said that its revenue surged 41 percent year on year to 117.28 billion yuan (about 17 billion U.S. dollars) in the third quarter of its 2019 fiscal year.

          Revenue from core commerce increased 40 percent year on year to nearly 103 billion yuan, while that from cloud computing was up 84 percent year on year to 6.6 billion yuan.

          Annual active consumers on its China retail marketplaces reached 636 million, an increase of 35 million from the 12-month period ending on September 30, 2018, according to the company.

          "Alibaba had another strong quarter. Our resilient operating and financial performance is a direct reflection of our persistent focus on better serving our growing base of nearly 700 million consumers across retail, digital entertainment and local consumer services," said Daniel Zhang, chief executive officer of Alibaba Group.

          "Our growth is also driven by the power of Alibaba's cloud and data technology that help expedite the digital transformation of millions of enterprises," Zhang said.

          The third quarter of its 2019 fiscal year was from Oct. 1 to Dec. 31, 2018.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011105521377877521
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  亚洲区精品中文字幕 | 香蕉久久夜色精品 | 亚洲业余性爱视频偷窥 | 亚洲日韩精品一区二区 | 中国日本亚洲综合久久久 | 日本中文字幕在线观 |