Alibaba Q1 2021: healthy performance amid slowed growth

Date : 05 August 2021

Jiong-Jiong Yu

Senior Retail Analyst

Alibaba Group announced financial results for the quarter ended 30 June, 2021. Total revenue is up by +34% year-on-year (YoY), reaching CNY205.7 bn (US$31.9 bn). “ Alibaba started the new fiscal year by delivering a healthy quarter ” Revenue was CNY205 bn (US$32 bn), an increase of…
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