The first half of the Alibaba performance than expected revenue increased 50% to 2 billion 600 milli

Hongkong, August 10, 2010 – the world’s leading e-commerce company’s small business Alibaba Network Limited (1688.HK) today announced the year ended June 30, 2010 three months without audit and half yearly interim results, "member, value-added services and customer business mode so that the Alibaba has achieved strong growth.

in the first half of 2010, the number of registered members of Alibaba continued strong growth in the first half increased by 5 million 700 thousand registered users, compared with the first half of 2009 the number of registered users increased by 10 million 660 thousand.

Alibaba two transaction market continues to increase the number of paid members. As of June 30, 2010, Alibaba paid members reached 712867, compared with the end of the second quarter of 2009 increased by 34.1%, compared with the end of the first quarter of 2010 increased by 8.2%.

The

Chinese supplier membership reached 105810, representing an increase of 50.2%, a net increase of the number of China TrustPass members in the second quarter of 51821 to 593498, representing an increase of 34.3%, a single quarter net member record.

due to the strong growth in membership fees and value-added services revenue growth in the second quarter operating income reached RMB 1 billion 370 million yuan, representing an increase of 48.6% over the same period last year. Alibaba’s total revenue reached 2 billion 590 million yuan in the first half, an increase of 49%.

due to sustained growth in the number of paid members, as well as the introduction of a number of new business initiatives, so that China’s strong growth in the trading market, Alibaba in the first half of the deferred income and increase in accounts receivable. As of June 30, 2010, deferred income and pre receivables were 3 billion 720 million yuan, up by $2 billion 760 million in June 30, 2009, up from $34.7%.

"we have been focused on our customers, and we need to provide different value-added services, which once again bring us a sound financial performance." Alibaba chief executive, said.

in fact, Alibaba paid members to accelerate growth, increase revenue from membership fees and value-added services, and enhance the size of the effect of increased profit margins. At the same time, Alibaba in the first half of the domestic market launched a number of new value-added services, such as precision marketing, inquiry management, etc.. With the increasing variety of value-added services, as well as more and more members of the value of the value of Alibaba’s value-added services, value-added services penetration continues to improve.

results showed that the Alibaba original two value-added services "network marketing treasure", "gold booth" application and popularity in the integrity of members increased steadily, the first half of value-added services revenue accounted for Chinese integrity income ratio rose to a level close to 20%.

value-added services revenue contribution to the income of Chinese suppliers exceeded the level of integrity, reaching nearly 30% level.

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