Overseas revenue of US$11.9 billion

Alibaba today released its third quarter financial report for fiscal year 2021 ending December 31, 2020 (Note: Alibaba's fiscal year is not synchronized with the calendar year, starting from April 1 of each year and ending on March 31 of the following year), with revenue of RMB 221.084 billion (approximately US$33.883 billion), a year-on-year increase of 37%.

Net profit attributable to ordinary shareholders was RMB 79.427 billion (approximately US$12.173 billion), compared with RMB 77.977 billion (approximately US$11.950 billion) in the same period last year. Not calculated in accordance with US generally accepted accounting principles, net profit was RMB 59.207 billion (approximately US$9.074 billion), a year-on-year increase of 27%.