The Digital Source For China's Tech Innovation Since 2000

Alibaba's Tmall.com E-commerce Platform Continues Growth

November 2, 2015
Editorial Staff

Alibaba Group's performance for the third quarter of 2015 shows that the group's revenue reached CNY22.171 billion during the reporting period, a year-on-year increase of 32%; its profit after non-GAAP adjustment reached CNY9.252 billion, a year-on-year increase of 36%; and its gross merchandise volume reached CNY713 billion, a year-on-year increase of 28%.

According to the financial report, Alibaba Group's B2C e-commerce platform Tmall.com achieved nearly CNY100 billion trading value growth in the third quarter of 2015, representing a growth rate of 56%. At the same time, the group's monthly active mobile users increased by 39 million, reaching a record height of 340 million in 2015.

In addition, Tmall supermarket and Tmall home appliances continued to improve market shares in the northern Chinese market, especially Beijing. The group is converting more consumers into returned customers and high-value loyalty users. Moreover, they continued to expand into second-tier and lower cities as well as rural areas.

During the third quarter of 2015, Alibaba further optimized its mobile business model and its mobile revenue from the Chinese retail platform achieved an increase of 183% compared with the same period of last year.

By September 30, 2015, Alibaba Group owned CNY105.691 billion cash and cash equivalents. In the third quarter of 2015, Alibaba Group's free cash flow from operation reached CNY13.624 billion.

Related Topics: Alibaba | B2C | e-commerce | Internet shopping | online shopping | Tmall.com

Other News:

Didi Shares Climb as Tencent Boosts Stake in Chinese Ride-Hailing Giant – BNN Bloomberg

February 11, 2022
bnnbloomberg.ca bnnbloomberg.ca

Dangdang.com's Evening Deliveries Get Web Goodies In Consumers' Hands In Eight Chinese Cities

May 18, 2012

AngelCiti Launches Gambling Site CasinoPaycheck.com In Chinese

December 5, 2003

Microsoft Shuts Down LinkedIn in China as Regulations Tighten

October 17, 2021
receive.news receive.news

The iPhone 15 premiere sparks a million Weibo discussions, Huawei gets on top in a survey

September 13, 2023
phonearena.com phonearena.com

Alipay's User Number Over 100 Million By August 2008

September 24, 2008

China: Meet Tang Yu, the world’s first humanoid robot CEO – Gulf Insider » GULF TECH & NEWS

September 13, 2022
gulftechplus.com gulftechplus.com

China tightens mobile app development rules over national security

June 16, 2022
apdirect.in apdirect.in

Alibaba-Backed Best to Sell China Express Delivery Business in $1.1 Billion Deal

October 30, 2021
usnews.com usnews.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.