Alibaba reports its biggest revenue surge in 2 years

Date : 10 August 2023

Stephanie Leung


The Chinese e-commerce giant Alibaba has reported a 14% year-on-year increase in revenue, reaching RMB234,156 million (US$32,292 million) and a 63% increase in net income, reaching RMB33,000 million (US$4,551 million) in the June quarter 2023. This compares to the same period last year, which was…
To continue reading...
With a free account you can access:

In-depth articles on the latest developments in the industry

Free guides and whitepapers from our functional experts

Access to a range of topic-specific newsletters