Alibaba revenue up 38%Christian Fernsby ▼ | February 14, 2020
Alibaba Group Holding Limited announced its financial results for the quarter ended December 31, 2019.
Alibaba Revenue was RMB161,456 million (US$23,192 million)
Annual active consumers on Alibaba China retail marketplaces reached 711 million, an increase of 18 million from the 12 month period ended September 30, 2019.
Mobile MAUs on Alibaba China retail marketplaces reached 824 million in December 2019, an increase of 39 million over September 2019.
Income from operations was RMB39,560 million (US$5,682 million), an increase of 48% year over year. Adjusted EBITDA, a non GAAP measurement, increased 37% year over year to RMB55,880 million (US$8,027 million).
Adjusted EBITA for core commerce was RMB58,075 million (US$8,342 million), an increase of 26% year over year. Alibaba marketplace based core commerce adjusted EBITA, a non GAAP measurement, increased 22% year over year to RMB66,371 million (US$9,534 million).
Net income attributable to ordinary shareholders was RMB52,309 million (US$7,514 million), and net income was RMB50,132 million (US$7,201 million). Non GAAP net income was RMB46,493 million (US$6,678 million), an increase of 56% year over
ear. Net cash provided by operating activities was RMB96,505 million (US$13,862 million) and non GAAP free cash flow was RMB78,279 million (US$11,244 million). ■