Alibaba 2020 revenue up +41%YoY

Date : 14 May 2021

Jiong-Jiong Yu

Senior Retail Analyst

Alibaba Group announced financial results for the quarter and fiscal year ended 31 March 31, 2021. Full-year 2020 revenue rose 41% to CNY717.3 bn (US$109.5 bn). The company also reached a milestone of over one billion annual active consumers. March quarter revenue up 64%YoY, but with an…
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