date:May 26, 2020
al revenue was up 35% to CNY509,711mln (US$71,985mln) YoY. Robust top line figures for the fiscal year: GMV transacted in the Alibaba Digital Economy was CNY7,053bln (US$1tln), CNY6,589bln (US$945bln) of which came from China retail marketplaces. Core commerce revenue up 35% YoY to CNY436,104mln (US$61,130mln). Cloud computing revenue up 8% YoY to CNY40,016mln (US$5,611mln). Digital media and entertainment revenue up 5% YoY to CNY26,948mln (US$3,777mln). Innovation initiatives and others revenue