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We review Sun Art's FY2018 results, its growth forecasts for the next five years, plus progress against key strategic objectives.

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Alibaba has posted its financial results for the fiscal year ended March 31, 2020. Total revenue was up 35% to CNY509,711m (US$71,985m) YoY.

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Alibaba has announced its Q3 results for the three months ending 31 December 2019. Revenue increased by +38%YoY to CNY161bn (US$23bn). Growth driven by core commerce and cloud computing " Alibaba Group experienced robust growth across our business this past quarter ," said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. Top line figures are: Total revenue up +38% ...
Alibaba Group has released its Q2 results for the three months ending 30th September. Revenue increased 40% to CNY119bn (US$16.9bn) for the same comparable period last year. Strong momentum into Singles' Day The number of annual active customers on Alibaba’s China retail marketplaces increased by 19m to reach 693m. Mobile MAU’s reached 785m in September 2019, an increase of 30m over June 20...
Alibaba has announced its financial results for the first quarter ended June 30, 2019. Total revenue was up 42% to CNY114,924m (US$16,741m) YoY. Continue to invest in technology In a press release, Daniel Zhang, Alibaba’s CEO, said, “ We will continue to expand our customer base, increase operating efficiency and deliver robust growth. With strong cash flow from our core commerce business...
Germany’s Metro has shortlisted eight companies for its China business, a deal valued at between US$1.5bn and US$2bn as previously reported . Top retailers among the bidders Reuters news agency, citing multiple sources who cannot be named due to the confidential nature of the sale process, reports the following are joining the bid: Alibaba, in partnership with Taiwanese retailer ...

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