Edition: English | 中文简体 | 中文繁体 Монгол
Homepage > Biz Video

Alibaba Q1 revenues up 59%

CCTV.com

08-12-2016 14:59 BJT

Chinese e-commerce giant Alibaba Group in the first quarter posted its best revenue growth since before its listing in late 2014.

The company reported revenues of more than 32 billion yuan in the quarter, up almost 60 percent from a year ago and Alibaba’s highest growth since late 2013.

Alibaba shares jumped to their highest level in more than a year at U.S.$92 on the better-than-expected report.

Follow us on

  • Please scan the QR Code to follow us on Instagram

  • Please scan the QR Code to follow us on Wechat