Chinese business-to-business e-commerce company Alibaba.com has published its financial report for the third quarter ended September 30, 2009.
According to the report, the company made revenues of CNY1.032 billion from July to September 2009, an increase of 32.1% compared with the same period of last year and an increase of 12.3% compared with the previous quarter. However, its operating profit was CNY260 million, a decrease of 26.2% year-on-year and a drop of 5.8% over the previous quarter. The company's net profit was CNY236 million, a year-on-year decrease of 20.4% and a decrease of 5% over the previous quarter.
By the end of September of 2009, Alibaba.com had gained 45.276 million registered users, a year-on-year increase of 27% and an increase of 5.8% compared with the second quarter of 2009. Of these users, 10.48 million were from the international trade market and 35.8 million were from the Chinese trade market.
The number of its corporate vendors had reached 60.669 million, a year-on-year increase of 45.7% and a quarter-over-quarter increase of 10.1%. Of these vendors, 12.264 million were from the international trade market and 48.404 million were from the Chinese trade market.
The number of its paid members had reached 578,900, a year-on-year increase of 45.3% and a quarter-over-quarter increase of 8.9%. Of these members, 84,900 were Chinese Gold Suppliers and 18,600 were international Gold Suppliers. Alibaba.com's earnings from the international market were CNY639 million, a year-on-year increase of 33.7%; while its earnings from the Chinese market were CNY378 million, a year-on-year increase of 27.9%.