Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Alibaba Group Q2 2012 Profit Up 130% YoY

SEC, 11/10/12

According to financial details disclosed in US search company Yahoo's Q3 2012 earnings report, Chinese e-commerce giant Alibaba Group, in which Yahoo holds a 24% stake, recorded revenue of USD 1.077 bln for the three months ended June 30, 2012, up 70.6% YoY. For the nine months ended June 30, 2012, Alibaba Group saw revenues of USD 2.91 bln, an increase of 74.3% YoY from USD 1.67 bln in the same period a year ago.

Q2 2012 net income attributable to Alibaba Group was USD 273.0 mln, up 130.0% YoY from USD 118.9 mln in Q2 2011. For the nine months ended June 30, 2012, net income attributable to Alibaba Group was USD 730.4 mln, up 300.8% YoY from USD 180.9 mln in the same period of 2011.

To view the complete report please see here.

Keywords: B2C Internet profit revenue Yahoo Alibaba Group fiscal report B2B e-commerce

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports