Chinese Internet giant Alibaba saw revenue surge during the second quarter, releasing its first quarterly earnings results since becoming a publicly traded company.For the quarter ending in September, Alibaba reported revenue of $2.74 billion -- a 54% increase from the year before -- and an earnings per shares of 45 cents, hitting Wall Streetforecasts. Alibaba also reports its number of annual active buyers surged 52%."We delivered a strong quarter with significant growth across our key operating metrics," said Jonathan Lu,chief executive officer of Alibaba Group, in a statement. "Our business continues to perform well, and our results reflect both the strength of our ecosystem and the strong foundation we have for sustainable growth."On the mobile front, Alibaba reported 217 million monthly active users -- adding 29 million over the last 3 months -- and generated $95 billion in sales via mobile over the last 12 months. Those mobile users are playing a bigger role in Alibaba's overall website sales, contributing nearly 36% last quarter, compared to 14% a year ago.The earnings report arrives as Alibaba prepares for a key shopping day in China on November 11. Singles Day -- the equivalent to Black Friday in the U.S. -- generated$5.7 billion in sales for Alibaba last year.This is Alibaba's first quarterly report since the company launched its IPO in September. It trades on the New York Stock Exchange under the symbol "BABA."
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