Alibaba (BABA) Tops Q1 EPS by RMB 0.95, Beats on Revenue

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Go back to Alibaba (BABA) Tops Q1 EPS by RMB 0.95, Beats on Revenue

Alibaba Group Announces June Quarter 2022 Results

August 4, 2022 6:33 AM EDT

HANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, Alibaba or Alibaba Group) today announced its financial results for the quarter ended June 30, 2022.

During the past quarter, we actively adapted to changes in the macro environment and remained focused on our long-term strategy by continuing to strengthen our capability for customer value creation, said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. Following a relatively slow April and May, we saw signs of recovery across our businesses in June. We are confident in our growth opportunities in the long term given our high-quality consumer base and... More