Sina Technology News, November 1st Beijing time, Alibaba(NYSE: alibaba) released its financial report for the second quarter of the 2020 fiscal year ending on September 30, 2019 (note: Alibaba's fiscal year does not coincide with the calendar year, starting from April 1st each year And ends on March 31 of the second year).

The financial report shows that Alibaba's second quarter revenue was RMB 119.02 billion, and the monthly active mobile users in China's retail market reached 785 million, an increase of 30 million from June 2019; annual active buyers increased by 19 million to 693 million. Group revenue increased by 40% to RMB 119.017 billion.

As of September 30, 2019, Alibaba's cloud computing business revenue was RMB 9.291 billion (approximately US$1.3 billion), a 64% increase from the previous quarter.