Alibaba (BABA) Tops Q1 EPS by 25c

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Alibaba Group Announces June Quarter 2017 Results

August 17, 2017 6:45 AM EDT

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended June 30, 2017.

Alibaba had a strong start to fiscal 2018, reflecting the strength and diversity of our businesses and the value we bring to customers on our platforms. Our technology is driving significant growth across our business and strengthening our position beyond core commerce, said Daniel Zhang, Chief Executive Officer of Alibaba Group. We are excited about the future as we continue to innovate and drive synergies among the businesses throughout the Alibaba ecosystem.

We delivered... More