Alibaba Q3 revenue soars

Source: Xinhua| 2018-02-01 20:38:37|Editor: Lifang
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HANGZHOU, Feb. 1 (Xinhua) -- China's e-commerce giant Alibaba said Thursday that its revenue jumped 56 percent year on year to 83 billion yuan (about 12.7 billion U.S. dollars) in the third fiscal quarter ending December last year.

"Alibaba had another great quarter driven by the continued strength of the Chinese consumer and the wide and innovative range of services we provide for merchants and consumers," Alibaba chief executive Daniel Zhang said in an earnings report.

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