Revenues from its core ecommerce business accounted for 86 per cent of it's the total, increasing from 73 per cent a year prior. Revenue grew 56% to $7.40 billion, above the FactSet consensus $7.12 billion.
Alibaba reached 466 million annual active users on its China retail marketplaces, a 12 million increase year over year.
Shares of Alibaba rose 5 per cent in pre-market trade in NY. "Our technology is driving significant growth across our business and strengthening our position beyond core commerce", Zhang said.
Alibaba's cloud computing business nearly doubled to 2.43 billion yuan (US$364 million), with the number of paying customers for cloud computing rising to 1.01 million in the second quarter from 874,000 in the previous quarter. The Hong Kong-based online retailer posted revenue of $7.52 billion, which also topped Street forecasts $7.15 billion.
Obamacare rates in New York State to rise 14%
In a statement Wednesday, the chairman of the Senate Health, Education, Labor and Pensions Committee, Sen. The panel will begin hearings on stabilizing the marketplace the first week of September.
Alibaba, though, has yet to prove the value of several recent large-scale offline investments, according to analysts, including a $2.6 billion infusion into department store chain Intime Retail Group Co Ltd. For the quarter, sales across its e-commerce businesses rose 58% to $6.3 billion.
While the company explores new revenue streams with projects related to data, cloud computing, artificial intelligence and logistics, e-commerce continues to generate the vast majority of Alibaba's revenue. Meanwhile, revenue from digital media and entertainment increased 30% year-over-year to 4.1 billion ($602 million U.S.). What's more, revenue from its cloud business almost doubled, and entertainment revenue shot up 30 percent.
Breaux emerged as the Saints' No. 1 cornerback during a breakout 2015 campaign after migrating from the Canadian Football League . One thing that has not changed with the updated diagnosis is that the Saints won't be counting on Breaux to start this season.
CORRECTION: This article initially misstated how many likes Trump's Charlottesville tweets from Saturday received. The other two tweets from Obama in this three-part series have 1.4 million and 1.3 million likes respectively.
The functionality is definitely not live as yet, with the URL allo . google .com/web giving a 404 error when navigating to it. It's sort of similar to the user interface of Facebook's Messenger - the web version, to be more specific.
On Jan. 8, an Arab citizen of Israel truck ran into soldiers in south east Jerusalem, killing one male and three female soldiers. The boulevard runs from the city's Plaça de Catalunya (Catalonia Square) to the Christopher Columbus monument at the seafront.
But Abe still gave a ritual offering to Yasukuni out of his own pocket as the president of the ruling Liberal Democratic Party. TOKYO-Amid a welter of conflicting views over North Korea, there is one reliable standby.
Pence will be in Argentina Tuesday for talks with President Mauricio Macri , and will later stop in Chile and Panama. The United States is Argentina's third largest trade partner after Brazil and China.
Users can search for news, images, weather updates, top sites, as well as check out the Nearby and Translate functions. It is important to note that the app is still marked as " experimental ", so these features are subject to change.
The only person who's come close to topping them is Amazon , but reports claim Apple is gunning for the big chair. At Sony, Erlicht and Van Amburg oversaw projects like Breaking Bad , Better Call Saul , and The Crown .
Manny Machado hit a grand slam off former teammate Yovani Gallardo as the Baltimore Orioles defeated the Seattle Mariners. Stanton has handled the San Francisco Giants so far this season, with four home runs in four games, all Miami wins.
It's similar to the classic Spin Dash, but instead of charging it up, you just burst into a dash from mid-air once you land. To unlock & Knuckles Mode in Sonic Mania , players will have to collect medals found in the game's numerous bonus stages.
Canada, the USA and Mexico account for a quarter of the world's GDP (Gross Domestic Product) with 7 percent of its population. But the Mexican and Canadian delegations disagree, as well as some economists and trade organizations.
Morgan, a Confederate general, is best known for "Morgan's Raid", a Southern incursion into the Union states of IN and OH IN 1863. The park in which the statue sits used to be named for the Confederate general, but was recently renamed Emancipation Park.
S. Africa police decline to reveal if Grace Mugabe has fled
She was shouting at us to tell her where her sons were, we just kept repeating that we didn't know them, that we hadn't seen them. Police minister Fikile Mbalula had said earlier that Mrs Mugabe had handed herself in to police and would appear in court .