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EL . Alibaba Group 阿里巴巴 集团 Alibaba Group Announces December Quarter 2020 Results Hangzhou , China , February 2 , 2021 – Alibaba Group Holding Limited ( NYSE : BABA and HKEX : 9988 , " Alibaba " or " Alibaba Group " ) today announced its financial results for the quarter ended December 31 , 2020 . " China was the only major economy to achieve positive GDP growth last year . Thanks to the rapid recovery of China's economy , Alibaba had another very healthy quarter , " said Daniel Zhang , Chairman and Chief Executive Officer of Alibaba Group . " We achieved another successful 11.11 Global Shopping Festival by stimulating consumption , satisfying consumer demands and supporting the business recovery of merchants in response to the impact of the pandemic . Our cloud computing business continues to expand market leadership and show strong growth , reflecting the massive potential of China's nascent cloud computing market as well as our years of investment in technology . Looking ahead , we are confident that we will continue to create value for our customers , lead with innovation and make our contributions to society . " " We delivered another solid quarter , with revenue growth of 37 % year - over - year and adjusted EBITDA up 22 % year - over - year , while our strong free cash flow enabled us to further invest in strategic areas , " said Maggie Wu , Chief Financial Officer of Alibaba Group . " We are pleased that our Alibaba Cloud business achieved positive adjusted EBITA during the quarter and Cainiao Network was operating cash flow positive . These progresses reflect our long - term approach to organically incubate and expand businesses from launch to profitability . " BUSINESS HIGHLIGHTS In the quarter ended December 31 , 2020 : Revenue was RMB221,084 million ( US $ 33,883 million ) , an increase of 37 % year - over - year . Annual active consumers on our China retail marketplaces reached 779 million for the twelve months period ended December 31 , 2020 , an increase of 22 million from the twelve months period ended September 30 , 2020 . ● ● ● Mobile MAUs on our China retail marketplaces reached 902 million in December 2020 , an increase of 21 million over September 2020 . Income from operations was RMB49,002 million ( US $ 7,510 million ) , an increase of 24 % year over - year . Adjusted EBITDA , a non - GAAP measurement , increased 22 % year - over - year to RMB68,380 million ( US $ 10,480 million ) . Adjusted EBITA , a non - GAAP measurement , increased 21 % year - over - year to RMB61,253 million ( US $ 9,387 million ) . Net income attributable to ordinary shareholders was RMB79,427 million ( US $ 12,173 million ) , and net income was RMB77,977 million ( US $ 11,950 million ) . Non - GAAP net income was RMB59,207 million ( US $ 9,074 million ) , an increase of 27 % year - over - year . Diluted earnings per ADS was RMB28.85 ( US $ 4.42 ) and non - GAAP diluted earnings per ADS was RMB22.03 ( US $ 3.38 ) , an increase of 21 % year - over - year . Diluted earnings per share was