VIDEO from Alibaba.com Available on thenewsmarket.com: Alibaba.com Exceeds One Million Paying Members in Q3 While VAS Keep Driving Margin Improvement
NEW YORK, Nov. 11, 2010 /PRNewswire/ -- See video from Alibaba.com at:
Alibaba.com Limited (HKSE:1688.HK) (1688.HK), the world's leading small business e-commerce company, announced unaudited financial results for the quarter ended September 30, 2010, demonstrating solid financial performance with improved margins three quarters in a row due to the growth of value-added services ("VAS"), despite continued active investment in our operations. Revenue in Q3 2010 was up 40.4% y-o-y and 6.1% q-o-q. The number of overall paying members (including those of HiChina) surpassed 1 million in the quarter.
About thenewsmarket.com
thenewsmarket.com delivers free broadcast- and streaming-quality video and multimedia content directly to media around the world, 24/7. More than 25,000 media outlets in 190+ countries use thenewsmarket.com, including the AP, BBC, CNBC, CNN, France 24, N24, nytimes.com, RAI, TVE, ZDF and lot more.
Registered journalists can preview and download video, audio, text, graphics and photos at http://www.thenewsmarket.com.
If not already registered, Please take a moment to sign up - registration is quick, easy and free: http://www.thenewsmarket.com/registration
We are always happy to receive your feedback, suggestions or enquiries.
Email us on [email protected]
Story Id: 20454
SOURCE thenewsmarket.com
Share this article