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Dec. 27, 2025
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Retail

Alibaba sees 34pc quarterly sales growth

August 3, 2021

The ecommerce conglomerate saw decent growth, and plans to continue investing profits in strategic growth areas. Image credit: Alibaba Group

 

By Luxury Daily News Service

Ecommerce giant Alibaba Holdings Ltd. has recorded a revenue of 205.74 billion yuan, or $31.83 billion at current exchange, in the quarter ending June 30, 2021.

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  1. Dior dives into French Riviera with escapist fragrance
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  3. Piaget fetes sixth year of USPA Gold Cup sponsorship with new timepiece
  4. Luxury Unfiltered: Why luxury must evolve from product to purpose to stay relevant
  5. Chanel unleashes ‘From Dream to Reality’
  6. Pratesi continues retail push with new Boston boutique
  7. Subscribe now: Full access to 90,000+ articles, reports, videos and images
  8. Luxury Women to Watch 2017
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  10. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
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