Alibaba Q3 2020 results: revenue up +37%YoY

Date : 04 February 2021

Jiong-Jiong Yu

Senior Retail Analyst

Alibaba has announced its Q3 results for the three months ending 31 December 2020. Revenue increased by +37%YoY to CNY221.1 bn (US$33.9 bn), beating estimates. Growth driven by commerce retail and cloud computing " Thanks to the rapid recovery of China's economy, Alibaba had another very…
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