Alibaba’s mobile revenue quadruples; COO Zhang named CEO

China’s e-commerce giant Alibaba posted a sharp decline in profit for its fiscal year end 31 March due to a one-off expense, but mobile revenue more than quadrupled as active mobile users jumped 77 per cent. The 48 per cent drop …

The post Alibaba’s mobile revenue quadruples; COO Zhang named CEO appeared first on Mobile World Live.