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April 10, 2026
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Alibaba records $109.5B in revenue for fiscal year 2021

May 13, 2021

Although Alibaba has emerged as the leader in luxury ecommerce in China, the past few months have taken a toll on the tech giant. Image credit: Shutterstock Alibaba has announced its financial results for the 2021 fiscal year. Image credit: Shutterstock

 

By Luxury Daily News Service

Ecommerce giant Alibaba Group Holdings Ltd. recorded a 41 percent revenue increase year-over-year for fiscal year 2021.

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  1. Schiaparelli begins Harrods takeover
  2. Perrier-Jouët signs on as official Champagne of Metropolitan Opera
  3. Phillips forms exclusive partnership with luxury insurance platform Wondercare
  4. Ryan Gosling vouches for vagabond luxury in #GucciValigeria
  5. Global secondhand market to hit $393B by 2030: ThredUp
  6. Force 10 collection leads Fred campaign
  7. Lexus, artist Alex Alpert to present custom IS 350 at EXPO Chicago
  8. Prada taps ‘Re-Nylon’ profits to resource environmental education
  9. Hermès opens multifloor flagship in Beijing’s Sanlitun district
  10. Prada Mode exhibition coming to Chelsea Hotel
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