国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Alibaba revenue up 51 pct in last fiscal year

Source: Xinhua| 2019-05-16 00:04:41|Editor: Mu Xuequan
Video PlayerClose

HANGZHOU, May 15 (Xinhua) -- China's e-commerce giant Alibaba said Wednesday that its revenue for the fiscal year ending March 2019 surged 51 percent year on year to 376.84 billion yuan (54.78 billion U.S. dollars).

The increase was mainly driven by the robust revenue growth of its China commerce retail business and the consolidation of Ele.me, as well as strong revenue growth of Alibaba Cloud.

As of the end of March, the annual active consumers on its China retail marketplaces reached 654 million, an increase of 102 million from a year ago.

Alibaba also announced its fourth quarter results.

Its revenue rose 51 percent to 93.5 billion yuan in the quarter.

The giant's cloud computing revenue grew 76 percent year on year to 7.73 billion yuan during the quarter, primarily driven by an increase in average spending per customer.

In the fiscal year 2019, Alibaba Cloud served more than half of the A-share listed companies in China, according to its report.

The adjusted EBITA for core commerce was 27.48 billion yuan in the quarter, up 24 percent year on year.

"Over the years, our steady profit growth and cash flow have enabled us to strengthen our core business, invest in new businesses and create unique value for our customers. These investments have expanded our total addressable market and positioned us well for long-term growth," said Maggie Wu, CFO of Alibaba Group.

"Looking ahead to fiscal 2020, we expect revenue to be over 500 billion yuan, reflecting our confidence and positive momentum going forward," Wu said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091380613571
主站蜘蛛池模板: 太原市| 镇坪县| 新疆| 海淀区| 新化县| 钟山县| 南澳县| 太和县| 霍城县| 双柏县| 宣武区| 隆昌县| 镇坪县| 东宁县| 炉霍县| 宁安市| 安仁县| 涞源县| 建平县| 静乐县| 封开县| 社旗县| 河池市| 天门市| 柞水县| 延安市| 峨眉山市| 扶绥县| 新密市| 武夷山市| 双桥区| 桃江县| 耿马| 大厂| 临清市| 榆社县| 陆良县| 修水县| 凌源市| 进贤县| 乐业县|