Alibaba (BABA) Reports Q1 Revenue of RMB 234.16B vs RMB 223.75B Est
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Alibaba Group Announces June Quarter 2023 Results
August 10, 2023 6:00 AM EDTHANGZHOU, China--(BUSINESS WIRE)-- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), Alibaba or Alibaba Group) today announced its financial results for the quarter ended June 30, 2023.
Alibaba delivered a solid quarter as we continue to execute our Reorganization, which is beginning to unleash new energy across our businesses, said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group. Through this self-driven transformation, we aim to catalyze innovation, promote vitality in our organization and enable businesses to focus on long-term growth. We look forward to positive impacts on our business, including strengthening competitiveness, sustainable growth and... More
