0
Broadband

Alibaba's Q2 revenue jumps 34%, Alibaba Ecosystem users near 1.2 billion

Wednesday 4 August 2021 | 07:43 CET | News
Alibaba posted total revenue of CNY 205.74 billion (approximately USD 31.86 billion) for the second quarter of 2021, up 34 percent year-on-year. The number of annual active consumers of the Alibaba Ecosystem across the world reached 1.18 billion for the twelve months ended 30 June 2021, which represents an increase of 45 million from the twelve months ended 31 March 2021. The figure includes 912 million consumers in China and 265 million consumers overseas served by Lazada, AliExpress, Trendyol and Daraz.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Internet
Companies: Alibaba / Taobao
Countries: China / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

PCCW Global launches on-demand access to IX platforms via Console Connect

Published 22 Jul 2021 09:18 CET | Hong Kong
PCCW Global has launched an IX-as-a-Service (IXaaS). Operators and enterprises can now directly order IX services and pay for ...

SpaceDC, Epsilon to offer cloud services across Southeast Asia

Published 29 Jun 2021 12:35 CET | Asia
Data centre services provider SpaceDC has partnered with Epsilon to provide cloud services in Southeast Asia through Infiny by ...

China cloud infra services spend grows 55% to USD 6 billion in Q1

Published 21 Jun 2021 12:30 CET | China
Cloud infrastructure services spend in China jumped 55 percent in the first quarter of 2021, reaching USD 6 billion, according to ...

Alibaba Cloud to invest USD 1 billion in APAC, launches e-commerce livestreaming platform

Published 09 Jun 2021 09:06 CET | Asia
Alibaba Group's cloud operator has announced plans to invest an initial USD 1 billion supporting talent and start-ups across the ...

Alibaba grows FY revenues 41% as customers pass 1 billion worldwide

Published 13 May 2021 14:36 CET | China
Alibaba said it passed 1 billion users on its global e-commerce sites in the fiscal year to March 2021. Revenues at the Chinese ...