China-based Alibaba, the world's largest operator of e-commerce services for small-sized businesses, generated revenues of 1,449.3 million yuan (US$214 million) for the third quarter of 2010, rising 6.1% on quarter and 40.4% on year, according to the company.
Alibaba's revenues and profits are steadily growing, and the company has begun strengthening the security of its B2B platform, company CEO David Wei pointed out.
As of the end of September 2010, Alibaba had about 751,000 paying members, 56.723 registered members of which 14.922 million or 26.3% were in the international marketplace as well as 8.2 million storefronts, the company indicated.
| Alibaba: Financial performance, 3Q10 (m yuan) |
| Item | Amount | Q/Q | Y/Y |
| Revenues | 1,449.3 | 6.1% | 40.4% |
| EBITDA* | 410.1 | 1.5% | 61.8% |
| Net EPS (HK$) | 0.0833 | 1.6% | 56.9% |
* Earnings before interest, tax, depreciation, amortization
Source: Company, compiled by Digitimes, November 2010