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Alibaba Group revenue increased by 45%

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Staff writer ▼ | May 8, 2015
Alibaba Group Holding announced its financial results for the quarter ended March 31, 2015 and the fiscal year then ended. Revenue increased by 45% to RMB17,425 million ($2,811 million), compared to RMB12,031 million in the same quarter of 2014.
Alibaba
Alibaba Group Holding   Net cash was $930 million
Revenue from the China commerce retail business increased by 39% to RMB13,049 million ($2,105 million), compared to RMB9,371 million in the same quarter of 2014, driven primarily by the growth in commission revenue and also by online marketing services revenue.

Mobile GMV, MAUs and Revenue – Mobile GMV in the quarter ended March 31, 2015 was RMB304 billion ($49 billion), an increase of 157% compared to the same quarter of 2014. Mobile GMV accounted for 51% of total GMV transacted on our China retail marketplaces in this quarter, compared to 42% in the quarter ended December 31, 2014 and 27% in the quarter ended March 31, 2014.

The growth was driven primarily by an increase in consumers accessing our platforms through mobile devices (as reflected in the increase in mobile MAUs discussed below) and also by an increase in the level of their spending.

Mobile MAUs grew to 289 million in the month ended March 31, 2015, compared to 265 million in the month ended December 31, 2014, representing a net addition of 24 million MAUs over the quarter, and a 77% increase from 163 million in the month ended March 31, 2014.

Mobile revenue from the China commerce retail business increased by 352% to RMB5,247 million ($846 million), or 40% of the China commerce retail revenue, in the quarter ended March 31, 2015, compared to RMB1,162 million, or 12% of the China commerce retail revenue, in the same quarter of 2014, due primarily to an increase in GMV generated on mobile devices and also to an increase in the mobile monetization rate.

Income from operations in the quarter ended March 31, 2015 was RMB2,599 million ($419 million), a decrease of 52% compared to RMB5,451 million in the same quarter of 2014.

Non-GAAP EBITDA increased by 25% to RMB8,583 million ($1,385 million) in the quarter ended March 31, 2015, compared to RMB6,886 million in the same quarter of 2014. Non-GAAP EBITDA margin was 49% in the quarter ended March 31, 2015, compared to 57% in the quarter ended March 31, 2014.

Non-GAAP diluted EPS in the quarter ended March 31, 2015 was RMB3.00 ($0.48) on 2,585 million diluted shares outstanding, an increase of 7% compared to RMB2.80 on 2,363 million diluted shares outstanding in the same quarter of 2014.

Net cash provided by operating activities in the quarter ended March 31, 2015 was RMB5,767 million ($930 million), an increase of 220% compared to RMB1,800 million in the same quarter of 2014.

Free cash flow, a non-GAAP measurement of liquidity, in the quarter ended March 31, 2015 was RMB5,665 million ($914 million), an increase of 143% compared to RMB2,333 million in the same quarter of 2014.


 

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