 "Alibaba revenue soars ahead of IPO")
China's Alibaba Group Holding Ltd, which is expected to go public in New York as early as next month, reported a 46 per cent jump in quarterly revenue as growth in the world's largest e-commerce market shows no signs of slowing.
The company said the average active buyer placed 52 orders in the year ended June, up from 45 in the previous year.
Revenue from Alibaba's China e-commerce business increased about 46 per cent to $2.15 billion, accounting for most of the total revenue of $2.54 billion in the first quarter ended June.
The company said the average active buyer placed 52 orders in the year ended June, up from 45 in the previous year.
Revenue from Alibaba's China e-commerce business increased about 46 per cent to $2.15 billion, accounting for most of the total revenue of $2.54 billion in the first quarter ended June.
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