Alibaba Group today announced financial results for the quarter ended June 30, 2019. Highlights of the group’s fiscal first-quarter earnings are in the infographic and summary below. To read Alibaba Group’s press release covering the results in greater detail, click here.
Highlights
JUNE QUARTER FINANCIAL REVIEW
BUILDING UPON STRONG CORE COMMERCE BUSINESS
Expanding Core Commerce Leadership
Robust User Growth and Engagement
Local Services Enjoys Robust GMV Growth and Improving Operating Efficiencies
Cainiao Logistics Delivers Strong Cross-Border Growth and Last-Mile Solutions
CLOUD BUSINESS CONTINUES TO GROW AND INNOVATE
GROWING USERS IN DIGITAL MEDIA AND ENTERTAINMENT