Alibaba’s core commerce business, which comprises online retail marketplaces such as Taobao Marketplace and Tmall.com, grew 41 per cent to 28.5 billion yuan. Photo: Sam Tsang Alibaba’s core commerce business, which comprises online retail marketplaces such as Taobao Marketplace and Tmall.com, grew 41 per cent to 28.5 billion yuan. Photo: Sam Tsang
Alibaba’s core commerce business, which comprises online retail marketplaces such as Taobao Marketplace and Tmall.com, grew 41 per cent to 28.5 billion yuan. Photo: Sam Tsang
Alibaba
Tech /  Big Tech

Alibaba’s second-quarter revenue soars 55pc to 34.3 billion yuan, beating analysts’ forecasts

Revenue at the world’s largest e-commerce company jumps on strong online sales and cloud computing growth

Topic |   Alibaba
Zen Soo
Zen Soo

Updated: 10:59pm, 2 Nov, 2016

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Alibaba’s core commerce business, which comprises online retail marketplaces such as Taobao Marketplace and Tmall.com, grew 41 per cent to 28.5 billion yuan. Photo: Sam Tsang Alibaba’s core commerce business, which comprises online retail marketplaces such as Taobao Marketplace and Tmall.com, grew 41 per cent to 28.5 billion yuan. Photo: Sam Tsang
Alibaba’s core commerce business, which comprises online retail marketplaces such as Taobao Marketplace and Tmall.com, grew 41 per cent to 28.5 billion yuan. Photo: Sam Tsang
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