**Alibaba's Annual Report Highlights Strong Growth and Expansion**

**Revenue and Profitability Surpass Expectations**

Alibaba Group Holding Limited (NYSE: BABA) recently released its Fiscal Year 2021 Annual Report, revealing impressive financial performance and significant business expansion. The company reported a revenue growth of 29% year-over-year, reaching a record high of $134.57 billion. This growth was driven by strong demand for e-commerce, cloud computing, and digital payment services.

**Key Financial Metrics**

In addition to revenue growth, Alibaba also reported significant improvements in profitability. Net income attributable to shareholders increased by 47% to $25.34 billion, while earnings per share rose by 45% to $10.34. These strong financial results demonstrate Alibaba's continued ability to monetize its vast user base and drive shareholder value.

**Business Expansion and Innovation**

Beyond its financial performance, Alibaba has also made significant progress in expanding its business operations and driving innovation. The company has invested heavily in new areas such as cloud computing, artificial intelligence, and logistics. It has also expanded its geographical footprint, establishing a strong presence in Southeast Asia and other emerging markets.

**Outlook for the Future**

Alibaba remains optimistic about its future prospects. The company believes that the long-term growth potential of the digital economy remains immense. It plans to continue investing in innovation and expanding its business operations to capture this growth. Investors are eagerly awaiting Alibaba's upcoming earnings report, which is expected to provide further insights into the company's performance and future plans.