By Matt Grossman

Alibaba Group Holding Ltd. on Tuesday posted higher revenue in the first quarter, building on gains in its online-retail and cloud-computing businesses.

The Chinese e-commerce giant posted earnings of 16.38 Chinese yuan ($2.54) per American depositary share in the three months ended June 30, compared with CNY17.36 per ADS in 2020's equivalent quarter. Net income attributable to shareholders was CNY45.14 billion. A year earlier, net income had been CNY47.59 billion.

Stripping out one-time items, Alibaba's adjusted earnings were CNY16.60 yuan per ADS. Analysts were anticipating adjusted earnings of CNY14.33 per ADS, according to FactSet.

Revenue climbed to CNY205.74 billion from CNY153.75 billion 12 months earlier. Analysts were expecting sales of CNY209.11 billion.

In June, Alibaba's China retail marketplace had 939 million mobile monthly active users, a quarterly increase of 14 million. The company has continued to grow its presence among users in less developed areas, Alibaba said. Revenue from that segment grew 34% year over year to CNY135.81 billion.

Cloud-computing revenue was up 29% to CNY16.05 billion amid greater demand from the tech, financial-services and retail sectors.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

08-03-21 0734ET