Taubao e-commerce (09991.HK) Q1 revenue increased by 15% year-on-year to 2.4 billion yuan, with core business showing a comprehensive recovery in growth.

According to the financial news app Zhitong Finance, on May 20, Baoshun E-commerce (09991.HK) released its first quarter 2026 performance report. The report shows that the company's net operating income for the quarter increased by 15% year-on-year to 2.4 billion yuan, achieving a high-quality start, with core business growth fully restored.