Tag Archives: revenues

Alibaba revenues jump 60% as Chinese growth continues

Revenue at e-commerce giant Alibaba jumped 60% in the first three months of the year, powered by a growing customer base in China. More than 450 million Chinese shoppers used its sites during the quarter, with the average annual spending up by about a third, Alibaba said. The growth pushed revenues for the period to $5.6bn (£4.3bn). But… Read More »

Manchester United announces record quarterly revenues

Manchester United says it remains on track for record revenues for the current financial year, after making record quarterly revenues. The Premier League’s new TV deal meant broadcast revenues were up 40.8% in the last three months of 2016, while match day income rose 27%. Total revenues were £157.9m, up 18% from £133.8m a year ago. The club… Read More »