Alibaba (BABA) Reports 29% Revenue Growth YoY; Misses on Revenues and EPS
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Alibaba Group Announces September Quarter 2021 Results
November 18, 2021 6:24 AM ESTHANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, Alibaba or Alibaba Group) today announced its financial results for the quarter ended September 30, 2021.
This quarter, Alibaba continued to firmly invest into our three strategic pillars of domestic consumption, globalization, and cloud computing to establish solid foundations for our long-term goal of sustainable growth in the future, said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. Our global annual active consumers across the Alibaba Ecosystem reached approximately 1.24 billion, with a quarterly net increase of 62 million consumers, and we are on track to achieve our longer-term target of... More
