What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Friday, January 29, 2016
Alibaba Reports Bumper Quarter
Leading e-commerce player Alibaba reported fourth quarter revenue of 34.5 billion yuan (5.33 billion US dollars), an increase of 32% year-on-year. China retail marketplace revenue was 28.7 billion yuan, up 35% year-on-year, while mobile revenue was 18.8 billion, an increase of 192% year-on-year. source: Alibaba statement