Alibaba Group Holding Limited provides online sales services. The Company provides internet infrastructure, electronic commerce, online financial, and internet content services through its subsidiaries. Alibaba Group Holding offers its products and services worldwide.
BABA’s operating profits of RMB 24 billion in 1Q20 (ended June 2019) was three times of RMB8 billion in 1Q19.
The operating margin improved to 21%...