The first fiscal quarter revenue of Alibaba international business wholesale business was 3.204 billion yuan, up 43% year on year

The group released the first quarter financial report of fiscal year 2021. The financial report showed that Alibaba’s revenue in the first quarter was 153.75 billion yuan, a year-on-year increase of 34%, and the net profit under non US GAAP was 39.47 billion yuan, with a year-on-year increase of 28%. < p > < p > according to the financial report, in the first fiscal quarter, the revenue of Alibaba’s international business wholesale business was RMB 3204 million (about US $454 million), an increase of 43% compared with RMB 2.245 billion in the same period of 2019. The main reason is that the number of paying members on Alibaba website has increased, and the income generated by cross-border value-added services has increased.