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May 21, 2025
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Retail

Alibaba records $109.5B in revenue for fiscal year 2021

May 13, 2021

Although Alibaba has emerged as the leader in luxury ecommerce in China, the past few months have taken a toll on the tech giant. Image credit: Shutterstock Alibaba has announced its financial results for the 2021 fiscal year. Image credit: Shutterstock

 

By Luxury Daily News Service

Ecommerce giant Alibaba Group Holdings Ltd. recorded a 41 percent revenue increase year-over-year for fiscal year 2021.

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  1. Luxury Unfiltered: Why extreme value creation is the only way forward for luxury
  2. LVMH announces 2022 Innovation Award winners
  3. Alaïa aims to empower with summer campaign
  4. Rosewood Hotels debuts new property in Mexico
  5. Genesis sponsors Gold Gala in honor of AAPI Heritage Month
  6. Kering Eyewear, Google announce AI-powered smart glasses partnership
  7. Luxury Unfiltered: How brand value misalignment creates billion-dollar losses for luxury hotels
  8. RH appoints new co-chief merchandising, creative officer
  9. Hyatt taps American tennis player Jessica Pegula as ambassador
  10. Pierpaolo Piccioli joins Balenciaga as creative director
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