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Alibaba Group Announces December Quarter 2014 Results
Hangzhou, China, January 29, 2015 – Alibaba Group Holding Limited (NYSE: BABA) today announced
its financial results for the quarter ended December 31, 2014.
“We delivered a strong quarter with significant growth across our key operating metrics,” said Jonathan Lu,
chief executive officer of Alibaba Group. “Gross merchandise volume across our China retail marketplaces
grew 49% year on year, and our annual active buyers increased to 334 million in 2014, an increase of 45%
year on year. Our unrivaled leadership and momentum in mobile continued — we added 48 million active
users sequentially and delivered over US$1 billion in mobile revenue during the quarter. Our business
continues to perform well, and our results reflect the strength of our ecosystem and the strong foundation we
have for sustainable growth.”
“Alibaba performed very well this quarter, with revenue growing 40% year on year,” said Maggie 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,
improve engagement and customer experience, expand our products and services and drive long-term
shareholder value.”
December Quarter Operational and Financial Highlights*
Operational highlights:
December 31, September 30, December 31, % Change
2013 2014 2014 YoY QoQ
Quarterly GMV (1) (in RMB billions) 529 556 787 49% 42%
Quarterly Mobile GMV (1) (in RMB
billions) 104 199 327 213% 64%
Mobile GMV as a percentage of total
GMV(1)
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