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Alibaba Group Announces December Quarter 2018 Results

January 30, 2019 6:45 AM EST

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended December 31, 2018.

Alibaba had another strong quarter. Our resilient operating and financial performance is a direct reflection of our persistent focus on better serving our growing base of nearly 700 million consumers across retail, digital entertainment and local consumer services, said Daniel Zhang, Chief Executive Officer of Alibaba Group. Our growth is also driven by the power of Alibabas cloud and data technology that helps expedite the digital transformation of millions of enterprises.

In the December... More