967 Followers HKEX:9988 - Alibaba Group Holding Ltd Alibaba Group
Sector: Consumer Discretionary, Industry: Internet & Direct Marketing Retail
Next Earnings: 24 May 2024
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HKD 68.8    -1.5 (-2.13%)

27 Mar 2024


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General

CEO: Mr. Joseph C. Tsai

Headquarters: HK

Employees: 219,260

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Description

Alibaba is the world’s largest online and mobile commerce company as measured by gross merchandise volume (CNY 8.3 trillion for the fiscal year ended March 2022). It operates China’s online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China commerce retail division accounted for 67% of revenue in the year ended March 2022. Additional revenue sources include China commerce wholesale (2%), international commerce retail/wholesale (5%/2%), local consumer services (5%), cloud computing (9%), digital media and entertainment platforms (4%), Cainiao logistics services (5%), and innovation initiatives/other (1%).

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