22 November 2021
Alibaba Group announced financial results for the quarter ended 30 September, 2021. Total revenue is up by +29% year-on-year, but its CMR (customer Management revenue) up by just 3%YoY.
Revenue up by 29%YoY, on track of serving 2 bn consumers globally
Revenue was CNY200.69 bn (US$31.15 bn), an increase of 29%YoY. Excluding Sun Art , total revenue would have grown 16% YoY to CNY180.44 ...