Alibaba ended the third quarter with earnings of $2,66 billion ($1,02 per share) more than double the $1,14 billion (45 cents per share) in the same period last year. extraordinary items, adjusted earnings were $1,29 per share, better than $1,04 expected by analysts.
Revenue rose from $5,14 billion to $8,29 billion, above the $7,86 billion expected. Revenue from core commercial businesses jumped 63% to $6,89 billion, above an estimated $6,58 billion, while cloud computing revenue jumped 99% to $447 million , again better than the expected 423,2 million.
Monthly mobile users increased by 3,8% to 549 million.
In the wake of these numbers, the e-commerce giant's stock jumped 2,7% in the pre-market on Wall Street.
