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$Alibaba (BABA.US)$ Alibaba Quarterly Report: Revenue of 20...
Alibaba Quarterly Report: Revenue of 205.47 billion yuan, up 34% year on year
Gelonghui, August 3: Alibaba's revenue for the first quarter was 205.47 billion yuan, up 34% from the same period last year; net profit was 43.74 billion yuan, or 47.591 billion yuan for the same period last year. Alibaba had 939 million monthly active mobile users in the first quarter, with a market estimate of 947.2 million. Alibaba said that Ant Group contributed 696 million US dollars in profits in the first quarter; the share repurchase plan increased from 10 billion US dollars to 15 billion US dollars.
Gelonghui, August 3: Alibaba's revenue for the first quarter was 205.47 billion yuan, up 34% from the same period last year; net profit was 43.74 billion yuan, or 47.591 billion yuan for the same period last year. Alibaba had 939 million monthly active mobile users in the first quarter, with a market estimate of 947.2 million. Alibaba said that Ant Group contributed 696 million US dollars in profits in the first quarter; the share repurchase plan increased from 10 billion US dollars to 15 billion US dollars.
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