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HANGZHOU Jaylon Smith Limited Jersey , Aug. 17 (Xinhua) -- China's e-commerce giant Alibaba said Thursday that its net profit jumped 96 percent to more than 14 billion yuan (2.1 billion U.S. dollars) year on year in the first fiscal quarter ending June.
The group's revenue was about 50 billion yuan in the quarter, up 56 percent year on year, Alibaba said.
Meanwhile, the annual number of active buyers on its retail platform in China climbed to 466 million, accounting for about one third of China's population.
The number of active monthly users on its mobile platform reached 529 million, 22 million more than March 2017.
""Alibaba had a strong start to fiscal 2018, reflecting the strength and diversity of our business and the value we bring to customers on our platforms,"" said Daniel Zhang, Alibaba CEO. ""Our technology is driving significant growth across our business and strengthening our position beyond commerce.""
Chinese president meets top U.S. general
BRICS Seminar on Governance held in SE China
Tourists visit Summer Resort to avoid heat
China's Fuyang strives in developing rural tourism industry
Qiandaohu Lake in China's Zhejiang under stricter protection
Weekly choices of Xinhua photo (Aug. 5 - Aug. 11)
Highlights of multinational drill in Georgia
People mark national Fitness Day around China
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Mail carrier Jay Clayburn likes sportfishing, illusion and he loves socializing with his close friends.
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Business > Marketing > Online MarketingHome Business - Online Opportunity
Posted by nick_niesen in Business on October 28th, 2010
If you have a fantastic idea you can gross it up with profits and make a fortune, beginning with a small online home business. It聮s better to be a dreamer (not a day dreamer) and realize the dreams steadily.
Individuals from all walks of life are turning towards 聭work from home聮. There are unlimited numbers of home based business ideas. However, the internet has proved to be the most potential of those ideas. Now, a well planned personal site may generate money. Consider the following points with respect to online home business opportunity:
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