Alibaba.com-Alibaba Group.

Total consolidated revenue was RMB 260.3 billion, an increase of 5%. Consolidated adjusted EBITA increased by 2% to RMB 52.8 billion. Our non-GAAP net income was RMB 48 billion, a decrease of 4%. Our GAAP net income was RMB 10.7 billion, a decrease of 35 billion.

Jack Ma Yun (Chinese: 马云; pinyin: Mǎ Yún; born September 10, 1964) is a Chinese business magnate, investor and philanthropist. He is the co-founder of Alibaba Group, a multinational technology conglomerate. In addition, Ma is also the co-founder of Yunfeng Capital, a Chinese private equity firm.

The company's name came from the character Ali Baba from the Middle Eastern folk-tale collection One Thousand and One Nights because of its universal appeal. As Jack Ma, one of the founders, replied to Lorraine Hahn on TalkAsia: One day I was in San Francisco in a coffee shop, and I was thinking Alibaba is a good name.