Alibaba Group

Alibaba Group Holding Limited is the leading online commerce provider in China, offering a broad spectrum of B2B, B2C and C2C e-commerce services as well as mobile payments. The company is also involved in cloud infrastructure services as well as China’s biggest online video site Youku Tudou. Launched in 1999 as a stand-alone B2B e-commerce portal Alibaba.com, the group is now the leading e-commerce provider in Asia as its C2C online marketplace Taobao and B2C online retail platform Tmall are also the market leaders in their respective business segments.

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In the fiscal year ending March 31, 2018, the Alibaba Group’s annual revenue amounted to around 250.3 billion yuan (approximately 37.3 billion U.S. dollars) with a net income of 61.4 billion yuan (around 9.16 billion U.S. dollars). The majority of group revenues are generated through its various e-commerce ventures with local e-commerce accounting for around 71 percent of Alibaba’s income. In fiscal year 2018, the group generated a gross merchandise volume of around 4.82 trillion yuan through its online retail market places, with the cumulative number of active online buyers across all online shopping properties amounting to 601 million as of the third quarter of 2018.

The current estimated digital buying penetration rate among internet users in China is close to 75 percent. The increasing usage of mobile internet has opened up the possibilities of mobile shopping for both consumers and e-tailers. Alibaba has seen a rapid growth of mobile usage on its online shopping properties with a number of mobile monthly active users reaching 666 million as of the third quarter of 2018, up from 549 million in the same period of the previous year.

Alibaba Group

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Company overview

Alibaba online retail properties

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