Alibaba's (BABA) Price Target Trimmed at Pacific Crest

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Alibaba Group Announces June Quarter 2015 Results

August 12, 2015 7:00 AM EDT

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended June 30, 2015.

We had a strong quarter and we continued to build the foundations for future growth. We focused our efforts on building healthy GMV growth, delivering the best consumer experience, and improving the quality and sustainability of merchants doing business on our marketplaces, said Daniel Zhang, Chief Executive Officer of Alibaba Group. We are excited about our top strategic priorities, including internationalization, winning in mobile, expanding our ecosystem from cities to villages, and... More