Multi-layer PCB manufacturer:Alibaba revenue beats expectations for the April-June period
Multi-layerPCB manufacturer learned that,Aug 11 -- Chinese tech heavyweight Alibaba Group delivered better-than-expected financial results for the April-June period on August 10, with total revenue standing at RMB234.16 billion ($32.3 billion), up 14 percent year-on-year, China Daily reported on August 10.
Its net income attributable to ordinary shareholders came in at RMB34.33 billion for the quarter ending June 30, an increase of 50.98 percent on a yearly basis.Non-GAAP (generally accepted accounting principles) net income reached RMB44.92 billion, up 48 percent from a year earlier.
PCBmanufacturer learned that,during this period, revenue from its core e-commerce business, which refers to its Taobao and Tmall platforms, rose 12 percent year-on-year, with the average daily active users of Taobao growing 6.5 percent year-on-year.Revenue in the cloud computing business amounted to RMB25.12 billion, an increase of 4 percent year-on-year mainly driven by storage, networks and artificial intelligence computing-related products.
FPCsupplier learned that,the company has announced it would split its business into six main units, with each separate business having the flexibility to raise outside capital and seek its own initial public offering.The six units cover cloud intelligence, Taobao Tmall commerce, local services, Cainiao smart logistics, global digital commerce and digital media and entertainment.
Other news about S&L
- Sun&Lynn Circuits CO., Ltd. was invited to attend the Sixth Global Customs AEO Conference!
- Celebrating the Establishment of SUNLYNN CIRCUITS(THAILAND)
- Good News! Sun&Lynn Circuits Co.,Ltd. is honored as one of the Top 100 Innovative Enterprises in Bao
- What Should You Know about Metal Core PCB?
- FPC supplier : the types of Flexible PCB
- PCB manufacturer China:Why PCB board snake line, what is it used for?
- What is Metal Core PCB and types of Metal Core PCB?
- Why are High frequency PCBs much more expensive than normal PCBs?
- Flexible PCB supplier China :When to use flexible PCB?
- Flexible PCB manufacturer:What Is Flex Soldering?
Your browsing history
- PCB supplier china:Multilayer PCB Benefits
- What are the Features of flex rigid PCB?
- Flexible PCB manufacturer:Why Did Flex PCB Come into Play?
- PCBsupplierchina:Global Rigid-Flex PCB Market to Reach $2.3 Billion by 2028!
- Flexible PCB manufacturer:Waht causes of FPC warping?
- Rigid flex PCB manufacturer:PCB industry shifted to Southeast Asia
- FPC supplier: the Manufacturing Process of FPC
- How do Flexible PCB manufacturer fabricate FPC?
- PCB factory china tells you what is PCB Mircosection
- FPC manufacturer:Why Solder Masks Use Different Colors
A total of -comments【I want to comment】