国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Alibaba banks on cloud computing, entertainment to extend growth

chinadaily.com.cn | Updated: 2017-05-19 13:35

Alibaba banks on cloud computing, entertainment to extend growth

Two men chat beside a logo of Alibaba at its headquarters on the outskirts of Hangzhou, Zhejiang province. [Photo/Agencies]

For every 100 yuan ($14.5) revenue that fell into Alibaba Group's pocket, 15.8 yuan came from its entertainment and cloud services, the e-commerce behemoth's quarterly result showed on Thursday.

Revenue from cloud computing accounted 5.6 percent of the company's total, while its digital media and entertainment business contributed 10.2 percent in the first quarter.

Such results came as Alibaba splurged on the fledging businesses, counting on them to extend its staggering growth.

The company reported a revenue of 158.3 billion yuan in the fiscal year ended in March, increasing 56 percent, and an operating margin of 30 percent. Its full-year earnings per share stood at 16.97 yuan.

"Our core commerce segment continued its significant growth at large scale, enabling our aggressive investment in cloud computing, digital media and entertainment to drive the digital transformation of the economy and high-quality consumption across China," CEO Daniel Zhang said in a statement.

Alibaba reported a 505 million yuan operating loss from cloud computing in the first three months, despite an increasing number of paying customers from 765,000 to 874,000. Revenue from the segment increased 103 percent year-over-year to 2.16 billion yuan.

"Alibaba Cloud's top priority remains expanding its market leadership," the statement noted, adding that the services currently transverse consumer brands, energy, financial institutions, healthcare, manufacturing, media and retail.

The company's shares rose 0.5 percent to $121.27 as of Thursday close.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
开封县| 蓝田县| 达拉特旗| 呼伦贝尔市| 磐安县| 新巴尔虎右旗| 黄浦区| 琼中| 韶山市| 开鲁县| 水城县| 溧阳市| 日喀则市| 临沭县| 芷江| 新化县| 五峰| 凤阳县| 兴安县| 香港| 海兴县| 沐川县| 遵化市| 霞浦县| 罗平县| 富川| 崇明县| 西平县| 当雄县| 河北省| 苏州市| 井冈山市| 玉林市| 子长县| 耿马| 南京市| 绥滨县| 永福县| 崇左市| 遂宁市| 西充县|