860 Followers HKEX:9988 - Alibaba Group Holding Ltd Alibaba Group
Sector: Consumer Discretionary, Industry: Internet & Direct Marketing Retail
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HKD 90.35    +0.4 (+0.44%)
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17 Aug 2022


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General

CEO: Mr. Joseph C. Tsai

Headquarters: HK

Employees: 254,941

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Description

Alibaba is the world’s largest online and mobile commerce company, measured by GMV (CNY 6.6 trillion/USD 1 trillion for the fiscal year ended March 2020). It operates China’s online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 69% of revenue in the December 2020 quarter, with Taobao generating revenue through advertising and other merchant data services and Tmall deriving revenue from commission fees. Additional revenue sources include China commerce wholesales (2%), international retail/wholesale marketplaces (5%/2%), cloud computing (7%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (2%).

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