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Internet giant Alibaba posted encouraging results for its second quarter.

Alibaba Beats Market Expectations for its Quarterly Results

S. Rina   | Nov 02, 2016 02:16 PM EDT

Internet giant Alibaba posted encouraging results for its second quarter. The company also reported an increase in its China revenue, underscoring the return of prosperity to the local economy.

Alibaba's Reported Higher Net Income and Revenue for the Quarter

Alibaba Reports Higher Earnings, But Misses Forecast

Rina S.   | May 06, 2016 08:31 AM EDT

China's biggest e-commerce company Alibaba has reported its fourth quarter earnings at 5.36 billion Yuan ($832 million), up from 2.89 billion Yuan in the corresponding quarter of last year. Its revenue for the quarter stood at 24.18 billion Yuan ($3.75 billion), up 39 percent on a year-on-year basis. The company's gross merchandise volume in China was reported at $115 billion, up 24 percent.

Jack Ma

Alibaba to Focus More on China in 2016

Christian George Acevedo   | Jan 07, 2016 09:53 AM EST

Alibaba Group will shift its focus from the global market to China this year. The retail giant believes that it would benefit if it expands and refines its products and service offerings in China and focus on growing in rural areas.

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