Alibaba Group FY2016 Revenue Jumps 33%, EBITDA Up 28%

Today, Alibaba Group announced their Q4 and fiscal year 2016 financial results ended March 31 2016. You could say the results show the Alibaba genie is creating more money magic. For FY2016, total revenue increased 33% to $15.7 billion and EBITDA rose 28% to $8.1 billion with a margin of 52%. […]

Original: Forbes Real Time