Tag: Alibaba quarterly report 2016

Alibaba Group Holding Limited (NYSE: BABA) has announced its financial results for the quarter ended June 30, 2016 and they are better than ever. What were the highlights this time: Revenue was RMB32,154 million (US$4,838 million), an increase of 59% year-over-year. China retail marketplaces revenue was RMB23,383 million (US$3,518 million), an increase of 49% yearover-year; and…