Technology

Alibaba revenue up 30% in Q2 of 2021 fiscal year

Alibaba revenue up 30% in Q2 of 2021 fiscal year

Chinese e-commerce giant Alibaba said that its revenue surged 30 percent year-on-year to 155 billion yuan ($23 billion) in the second quarter of its 2021 fiscal year. Revenue from core commerce increased 29 percent year-on-year to 130.9 billion yuan, and revenue from its China commerce retail was up 26 percent to nearly 95.5 billion yuan.

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