{"id":2854,"date":"2018-08-24T08:15:56","date_gmt":"2018-08-24T06:15:56","guid":{"rendered":"https://cross-border-magazine.com/de/?p=2854"},"modified":"2022-04-21T17:07:46","modified_gmt":"2022-04-21T15:07:46","slug":"alibaba-cross-border-turnover-652-million-dollar","status":"publish","type":"post","link":"https://cross-border-magazine.com/de/alibaba-cross-border-turnover-652-million-dollar/","title":{"rendered":"Alibaba cross-border turnover: 652 million dollar"},"content":{"rendered":"

\"AlibabaChinese e-commerce giant Alibaba generated more turnover from its cross-border activities. This can be concluded when looking at the quarterly figures of the company. The cross-border turnover grew 64%, to 652 million dollars. Coming months, C2C subsidiary marketplaces like LazMall and LazGlobal should accelerate international growth even more.

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The turnover of the Alibaba Group rose 61 percent in Q2, compared to last year. Turnover hit the 12 billion dollars mark. A large part of this concerns e-commerce: 10 billion dollars. The net profit was relatively low, 1,3 billion dollars.

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Alibaba's trade platforms showed a significant increase in users. Taobao was one of the platforms that profited from this growth in users, with 17 million more users on a monthly basis, bringing the total amount of users in Q2 up to 634 million. A significant growth in the use of the Taobao app was registered as well.

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Chinese e-commerce giant Alibaba generated more turnover from its cross-border activities. This can be concluded when looking at the quarterly figures of the company. The cross-border turnover grew 64%, to...

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