Alibaba Q1 profit up
By Ding Yining |
May 13, 2011, Friday
|
Print Edition
Print Edition
ALIBABA.COM, the business-to-business unit of Alibaba Group, yesterday said profit in the first quarter grew 37 percent from a year ago to 453 million yuan (US$70 million).
Registered users hit 65 million by the end of March while paying members rose 26 percent to more than 110,000, it said in a statement.
It will also step up efforts to detect fraud cases to ensure supplier credibility after two executives resigned earlier this year for failing to monitor fraudulent activities by some of its sellers.
Registered users hit 65 million by the end of March while paying members rose 26 percent to more than 110,000, it said in a statement.
It will also step up efforts to detect fraud cases to ensure supplier credibility after two executives resigned earlier this year for failing to monitor fraudulent activities by some of its sellers.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
