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(NYSE:BABA) Alibaba announced today before U.S. stocks listed for the first reported two quarter revenue growth continued to be strong, but net profit shrink. as of September 30th, due to employee incentive spending reached 3 billion 10 million yuan (US $490 million), and the acquisition of UC and High German strategy to increase the amortization of intangible assets, the Alibaba's two quarter net profit fell 38.6% to 3 billion 30 million yuan ($496 million), 18% of the net profit rate fell to the lowest since two years. Adjusted net profit of 6 billion 808 million yuan ($1 billion 109 million), representing an increase of 15.5%, in line with market expectations, adjusted diluted earnings per share of 2.55 yuan from the same period last year increased to 2.79 yuan ($0.45), 2.74 yuan slightly exceeded market expectations. two quarter revenue recorded an increase of 53.7%, significantly faster than the previous two quarters of 46.33% and 39%, revenue amounted to 16 billion 829 million yuan (2 billion 742 million U.S. dollars), the market forecast 16 billion 100 million yuan. Mobile revenue exploded to 3 billion 719 million yuan ($606 million), more than 10 times the 332 million yuan in the same period last year. Chinese business revenue of 13 billion 559 million yuan ($2 billion 209 million), 9 billion 213 million yuan more than the same period last year rose 47.17%, international business income rose 37.5% to 1 billion 617 million yuan ($263 million). GMV China retail market amounted to 555 billion 666 million yuan ($90 billion 529 million), an increase of 48.7%, of which Taobao GMV total increase of 38.2% to 379 billion 832 million yuan ($61 billion 882 million), Tmall GMV total increase of 77.8% to 175 billion 834 million yuan ($28 billion 647 million), growth was mainly driven by rising by the number of active users. As of September 30th, the annual active users have 307 million, up 202 million over the same period last year 52%. mobile terminal GMV accounted for 35.8%; share continued to increase on the basis of 27.4% and 32.8% in the first two quarters, compared with 14.7% last year. The mobile terminal GMV totaled 199 billion 54 million yuan people