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BN 11/04 12:00 *CORRECT: ALIBABA GROUP 2Q ADJ. EPS 2.79-ADS YUAN BN 11/04 12:00 *ALIBABA GROUP REPORTS SEPT. QUARTER ADJ. EPS 2.79-ADS YUAN BN 11/04 12:00 *ALIBABA GROUP REPORTS SEPT. QUARTER ADJ. EPS 2.55-ADS YUAN BN 11/04 12:00 *ALIBABA GROUP REPORTS SEPT. QUARTER '14 RESULTS
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Alibaba Group Announces September Quarter 2014 Results 2014-11-04 12:00:01.852 GMT
Alibaba Group Announces September Quarter 2014 Results
Business Wire
HANGZHOU, China -- November 4, 2014
Alibaba Group Holding Limited (NYSE:BABA) today announced its financial results for the quarter ended September 30, 2014.
“We delivered a strong quarter with significant growth across our key operating metrics,” said Jonathan Lu, chief executive officer of Alibaba Group. “Our business continues to perform well, and our results reflect both the strength of our ecosystem and the strong foundation we have for sustainable growth. On our China retail marketplaces, gross merchandise volume for the quarter increased 49% and annual active buyers increased 52% year on year. We extended our unrivaled leadership in mobile with 217 million monthly active users on our mobile commerce apps in September and US$95 billion in mobile GMV for the twelve months ended September 2014. We are also encouraged by continued improvement of mobile monetization which demonstrates the strong commercial intent of our users.”
“Our financial performance this quarter was robust, with revenue growing 54% year on year,” said Maggie Wei Wu, chief financial officer of Alibaba Group. “We continue to execute our focused growth strategy, and the fundamental strength of our business gives us the confidence to invest in new initiatives to add new users, improving engagement and customer experience, expand our products and services and drive long-term shareholder value.”
September Quarter Operational and Financial Highlights
Operational highlights:
September June 30, September 30, 30, 2013 2014 2014 % Change RMB RMB RMB US$^(1) YoY QoQ (in millions, except percentages) GMV^(2) 373,659 500,916 555,666 90,529 48.7% 10.9% Mobile GMV as a percentage of 14.7% 32.8% 35.8% total GMV^(2) Annual Active 202 279 307 52.0% 10.0% Buyers^(3) Mobile Monthly Active Users 91 188 217 138.5% 15.4% (MAUs)^(4)
Financial highlights:
Three months ended September 30, 2013 2014 RMB RMB US$^(1) YoY % Change (in millions, except percentages and per share amounts) Revenue 10,950 16,829 2,742 53.7% Mobile Revenue 332 3,719 606 1,020.2% Income from Operations 5,248 4,345 708 (17.2%)* Non-GAAP EBITDA^(5) 6,505 8,493 1,384 30.6% Non-GAAP EBITDA 59.4% 50.5% Margin^(5) Net Income 4,937 3,030 494 (38.6%)* Non-GAAP Net Income^(5) 5,893 6,808 1,109 15.5% Diluted Earnings per 2.13 1.24 0.20 (41.8%)* Share/ADS (EPS) Non-GAAP Diluted 2.55 2.79 0.45 9.4% EPS^(5)