Revenue Alibaba Group in the past quarter exceeded $ 7.4 billion in stock
Alibaba Group, China’s largest company working in the field of Internet Commerce, reported for the quarter ended June 30, 2017.
Revenue Alibaba Group for the reporting period amounted to 7,403 billion dollars, which is 56% larger than a year ago. The main kind of activity brought the company 6,347 billion. That’s 58% more than a year ago. Income in the segment of cloud computing amounted to $ 359 million, having increased by 96%. Income according to the article «digital media and entertainment» for the year increased by 30%, in monetary terms amounting to 602 million dollars.
Operating profit for the quarter is equal to 2,583 billion, net profit of 2,070 billion.
The compilers of the report give the number of active buyers visiting shopping sites of Alibaba Group, including Taobao and Tmall. It is defined for the 12-month period and is estimated at 466 million. During the year this indicator increased by 12 million the Number of users paid for cloud services of Alibaba Group for the year increased from 0,874 to 1,011 million.