Alibaba reported good performance for Q4 2016 with US$4.9 billion in free cash flow and robust revenue growth of 54% and adjusted its 2017 fiscal year revenue guidance from 48% to 53% year-over-year growth.
Mobile MAUs on Alibaba’s China retail marketplaces reached 493 million in December 2016, an increase of 43 million over September, while annual active buyers on its China retail marketplaces reached 443 million, an increase of 4 million from the 12-month period ended in September.
Alibaba reported the total revenue of RMB53,248 million (US$7,669 million), an increase of 54% year-over-year.
Net income was RMB17,157 million (US$2,471 million), income from operations was RMB20,664 million (US$2,976 million) and adjusted EBITDA was RMB27,021 million (US$3,892 million). Operating margin was 39%, adjusted EBITDA margin was 51% and adjusted EBITA margin for core commerce was 64%.
Tmall Global product categories grow by 50% to 3,700 in 2016, with more than 14,500 international brands from 63 countries and regions. Find out more here »
Alibaba is currently promoting the concept of “New Retail”, which leverages big data and innovation to provide a seamless online and offline experience for nearly half a billion mobile monthly active users. Alibaba believes that this retail transformation will make it even easier and more efficient for brands and retailers to engage with these consumers anywhere, anytime.
Alibaba is partnering with brick-and-mortar retailers in different verticals through equity investments and deeper operational integration, which will allow Alibaba to deploy its omnichannel solutions to create a seamless shopping experience for consumers. Check out its investment in Sanjiang Shopping Club here and acquisition of Intime Retail Group here.
Alibaba is ranked the world’s second most valuable retail brand with a brand value of US$49.30 billion, according to WPP’s new 2016/2017 BrandZ Top 25 Most Valuable global Retail Brands ranking. Check out the top 25 here.
Key event in Q4 2016: Double 11 Shopping Festival
Check out what products Chinese consumers are buying for Chinese New Year 2017.