Alibaba Group Holdings started the new fiscal year quarter 1 reporting for FY2022 by delivering a pretty decent results. Revenue for the quarter is at US$31.8 billion, which represents a 34% increase year on year. This includes the consolidation of Sun Art, which was consolidated into the Group numbers from previous quarter. Without Sun Art, revenue would have grown 22% year on year. Monthly Active Customer (MAU) for the platform ecosystem grew to 1.18 billion globally, which is an increase of over 45 million from the previous year. This is broken down into 912m for China consumers and 265 International consumers outside China. Inside China's 912m active users, 828m is mostly engaged in Taobao and Tmall - a dominant China retail marketplace. Income from operations and EBITDA decreased by 1
The 2021Q2 financial reporting season is at its peak. This week, more than 820 companies will announce their results, including 176 S&P 500 index companies, accounting for more than 1/3 of the total number of members of the index. Technology giants made a big debut,$Apple(AAPL)$,$Tesla Motors(TSLA)$,$Amazon.com(AMZN)$,$Microsoft(MSFT)$,$Alphabet(GOOG)$,$Facebook(FB)$,$Pinterest, Inc.(PINS)$All of them w