Alibaba employees applaud as the opening bell of the New York Stock Exchange is rung in New York September 19, 2014, its first trading day.[Photo/Agencies] |
Maggie Wu, chief financial officer of Alibaba group, remained bullish, however, saying the company's performance remained "excellent".
"We achieved impressive revenue growth as we are increasingly monetizing the user activity on our marketplaces, particularly on mobile devices," she said.