Earnings release
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Alibaba Group Announces June Quarter 2021 Results Hangzhou , China , August 3 , 2021 - Alibaba Group Holding Limited ( NYSE : BABA and HKEX : 9988 , " Alibaba " or " Alibaba Group " ) today announced its financial results for the quarter ended June 30 , 2021 . EL . Alibaba Group 阿里巴巴 集团 " Alibaba started the new fiscal year by delivering a healthy quarter . For the June quarter , global annual active consumers across the Alibaba Ecosystem reached 1.18 billion , an increase of 45 million from the March quarter , which includes 912 million consumers in China . Over more than twenty years of growth , we have developed a company that spans across both consumer and industrial Internet , with multiple engines driving our long - term growth , " said Daniel Zhang , Chairman and Chief Executive Officer of Alibaba Group . " We believe in the growth of the Chinese economy and long - term value creation of Alibaba , and we will continue to strengthen our technology advantage in improving the consumer experience and helping our enterprise customers to accomplish successful digital transformations . " " We delivered strong revenue growth of 34 % year - over - year . As we said in last quarter's results announcement , we are investing our excess profits and additional capital to support our merchants and invest in strategic areas to better serve customers and penetrate into new addressable markets . " said Maggie Wu , Chief Financial Officer of Alibaba Group . " We are increasing our share repurchase program from US $ 10 billion to US $ 15 billion , the largest share repurchase program in the Company's history , because we are confident of our long - term growth prospects . Our net cash position remains strong and we have repurchased approximately US $ 3.7 billion of our ADSs since April 1 , 2021. " BUSINESS HIGHLIGHTS In the quarter ended June 30 , 2021 : Revenue was RMB205,740 million ( US $ 31,865 million ) , an increase of 34 % year - over - year . Excluding the consolidation of Sun Art , our revenue would have grown 22 % year - over - year to RMB187,306 million ( US $ 29,010 million ) . ● ● Annual active consumers of the Alibaba Ecosystem across the world reached approximately 1.18 billion for the twelve months ended June 30 , 2021 , an increase of 45 million from the twelve months ended March 31 , 2021. This includes 912 million consumers in China¹ and 265 million consumers overseas served by Lazada , AliExpress , Trendyol and Daraz . Income from operations was RMB30,847 million ( US $ 4,778 million ) , a decrease of 11 % year over - year . Adjusted EBITDA , a non - GAAP measurement , decreased 5 % year - over - year to RMB48,628 million ( US $ 7,532 million ) . Adjusted EBITA , a non - GAAP measurement , decreased 8 % year - over - year to RMB41,731 million ( US $ 6,463 million ) . The year - over - year decreases were primarily due to our investments in strategic areas to capture incremental opportunities , such as Community Marketplaces , Taobao Deals , Local Consumer Services and Lazada , as well as our Including 828 million annual active consumers on our China retail marketplaces , and additional unique annual active consumers primarily from Local Consumer Services , Digital Media and Entertainment and Freshippo , for the twelve months ended June 30 , 2021 . 1