Alibaba Group Holding Ltd. (NYSE: BABA) today announced its financial results for the quarter ended June 30, 2015, showcasing robust growth across key business segments.

Key Highlights

• Revenue increased 28% year-over-year to RMB20.25 billion (US$3.27 billion).
• Mobile monthly active users (MAUs) reached 307 million in June, an increase of 25% compared to March 2015.
• Gross Merchandise Volume (GMV) transacted on our China retail marketplaces grew 34% year-over-year to RMB673 billion (US$109 billion).

“Alibaba Group had another strong quarter driven by the continued growth of our China retail marketplaces,” said Jonathan Lu, CEO of Alibaba Group. “We are focused on investing in our future, including expanding our ecosystem, strengthening our mobile leadership, and improving the user experience.”

Business Segment Performance

The company’s core commerce business continued to be the primary driver of revenue growth. Cloud computing and digital media and entertainment also showed promising growth trajectories.

• China Retail Marketplaces: Revenue increased 26% year-over-year.
• Cloud Computing: Revenue increased 106% year-over-year.
• Digital Media and Entertainment: Revenue increased 36% year-over-year.

Alibaba’s management team expressed confidence in the company’s long-term growth prospects, citing the increasing adoption of e-commerce in China and the company’s strategic investments in key growth areas.