Online & Digital

Alibaba revenues fail to meet analysts’ expectations

Despite this, the retailer said its annual active consumers of the Alibaba Ecosystem across the world reached approximately 1.18 billion for the year ended June 30, 2021, an increase of 45 million

Alibaba has reported revenues of ¥180.24bn (£20bn) for the three months to June 30, an increase of 34% from the previous year, however falling short of analysts forecasts of ¥184bn (£20.4bn).

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