Video and stills from Alibaba.com available on thenewsmarket.com: Alibaba.com Q4 2010 and FY 2010 Results Demonstrate Strong Financials and the Evolution toward a More Balanced Business Model
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Alibaba.com Limited (HKSE: 1688) (1688.HK), the world's leading small business e-commerce company, today announced financial results for the quarter and year ended December 31, 2010, which demonstrate our strategies to evolve our business model are setting the foundation for balanced, continued long-term growth. Alibaba.com continued to achieve strong and steady growth in paying members over the last year. As of December 31, 2010, Alibaba.com had 809,362 paying members on both the international and China marketplaces, up 31.6% from the end of 2009 and 7.8% from the end of the previous quarter. Including those of HiChina, there were more than 1 million paying members. Total revenue in Q4 2010 was RMB1,521.5 million, up 37.6% y-o-y. Full-year revenue was RMB5,557.6 million in 2010, representing a 43.4% increase from 2009.
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Story Id: 22078
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