Alibaba Q1 revenue up by 34% YoY

Date : 21 August 2020

Charles Chan

Senior Retail Analyst

Alibaba has announced its Q1 results for quarter ended June 30, 2020. Total revenue was up 34% to CNY153.8bn (US$21.8bn) YoY. Operations in China ‘fully recovered’ In a press release, Maggie Wu, Alibaba’s Chief Financial Officer, said, “Our domestic core commerce business has fully recovered…

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