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Alibaba Boosts Q2 Revenue 14%

Retail Touch Points - 10 Aug 2023 16:36
Alibaba Boosts Q2 Revenue 14% For the first three-month period following its March 2023 corporate restructuring into six distinct businesses, Alibaba Group increased Q2 revenue 14% year-over-year to $32.3 billion. The ecommerce giant also saw growth in its Taobao and Tmall group, with revenue increasing 12% to $15.8 million for Q2. Additionally, daily active users (DAU) of the Taobao app
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