Alibaba.Com Q4 and FY 2009 Results Demonstrate That Investments in Customers, People and Technology are Driving Long-Term Growth; Strategic Pricing and Product Adjustments Produce Record Paying Member Additions;A Healthy Customer Retention Rate and a Strong Increase in Q4 Revenue and Net Income
ENP Newswire 2010, March 17
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ENPNewswire-17 March 2010-Alibaba.com Q4 and FY 2009 Results Demonstrate that Investments in Customers, People and Technology are Driving Long-term Growth; Strategic pricing and product adjustments produce record paying member additions;a healthy customer retention rate and a strong increase in Q4 revenue and net income(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 16032010 - HONG KONG - Alibaba.com Limited (HKSE:1688.HK) (HK.1688), the world's leading small business e-commerce company, today announced financial results for the quarter and year ended December 31, 2009, that highlight the increasing significance of e-commerce to successful small businesses and the resilience of Alibaba.com's business model in a volatile macroeconomic environment.