Some numbers:
Revenue was RMB55,122 million (US$8,285 million), an increase of 61% year-over-year.
Revenue from core commerce increased 63% year-over-year to RMB46,462 million (US$6,983 million).
Revenue from cloud computing increased 99% year-over-year to RMB2,975 million (US$447 million).
Mobile MAUs on our China retail marketplaces reached 549 million in September 2017, an increase of 20 million over June 2017.
Net income was RMB17,408 million (US$2,616 million), income from operations was RMB16,584 million (US$2,493 million) and adjusted EBITDA was RMB25,031 million (US$3,762 million). Operating margin was 30%, adjusted EBITDA margin was 45% and adjusted EBITA margin for core commerce was 57%.
Raises revenue guidance to 49-53% growth.
Shares currently up 2.5% premarket.
Submitted November 02, 2017 at 08:56AM by gaboonzoom http://ift.tt/2z7F6X3
