Friday, July 13, 2012

Alibaba Group first half revenues: more than US$1.8 billion


News this week: Bloomberg reports that the Alibaba Group’s first half revenues will be more than US$1.8 billion for the six months ended 30th June. If accurate, that will be a year-on-year increase of more than 60%.

EBITDA earnings as a percentage of revenues increased from 35% in the first half of 2011 to 40% in the same period in 2012. The increase was attributed in part to increased advertising spend on Taobao and higher subscription fees on the Group’s Tmall.

According to a filing by Yahoo Inc in the U.S., in the fourth quarter of 2011, the Alibaba Group recorded a revenue increase of 88% to US$1.02 billion. For the 12 months ending 30th September 2011, the Group’s revenues were up 81% to US$2.35 billion, according to another Yahoo Inc filing.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

No comments: