February 3, 2021
Alibaba Group Corporate Campus (Xixi, Hangzhou, China)
Alibaba Group’s revenue rose 37% year-over-year to Rmb221.1bn ($33.88bn) in the quarter ended December 31. Adjusted EBITDA grew 22% year-over-year to Rmb68.38bn ($10.48bn).
Alibaba Group chairman and ceo Daniel Zhang said: “China was the only major economy to achieve positive...