Alibaba Group today announced financial results for the quarter ended June 30, 2020. 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.
June Quarter Financial Review
Resilience in Core Commerce
Strong Recovery to Pre-Covid-19 Levels across the Board
Robust User Growth and Engagement on China Retail Marketplaces
Local Consumer Services – Increased Investment Driving Further Market Penetration
Cainiao Network Continues to Fulfill Partners’ Logistics Needs
Robust Expansion in Global Markets
Extended Growth Momentum in Cloud
Digital Media and Entertainment
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