The income of Alibaba Group in the last quarter exceeded 7.4 billion dollars

19 August 2017, 00:34 | Technologies
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Alibaba Group, the largest Chinese company working in the field of Internet commerce, reported for the quarter ended June 30, 2017.

The income of Alibaba Group for the reporting period amounted to $ 7.403 billion, which is 56% more than a year ago. At the same time, the main activity brought the company $ 6.347 billion. This is 58% more than a year ago. The revenue in the segment of cloud computing was $ 359 million, an increase of 96%. Revenues for digital media and entertainment increased 30% year-on-year to $ 602 million.



Operating profit for the quarter is $ 2.583 billion, net profit - $ 2.070 billion.

The compilers of the report cite the number of active buyers visiting the Alibaba Group's trading floors, including Taobao and Tmall. It is defined over a 12-month period and is estimated at 466 million people. During the year, this indicator increased by 12 million. The number of users of paid cloud services Alibaba Group for the year increased from 0.874 to 1.011 million people.




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