Alibaba reported total revenues of RMB83,028 million (US$12,761 million), an increase of 56% year-over-year in Q4 2017.
A breakdown of its revenues:
- Revenue from core commerce increased 57% year-over-year to RMB73,244 million (US$11,257 million).
- Revenue from cloud computing increased 104% year-over-year to RMB3,599 million (US$553 million).
- Revenue from digital media and entertainment increased 33% year-over-year to RMB5,413 million (US$832 million).
- Revenue from innovation initiatives and others decreased 9% year-over-year to RMB772 million (US$119 million).
Annual active consumers on Alibaba’s China retail marketplaces reached 515 million, an increase of 27 million from the 12-month period ended September 30, 2017.
Mobile MAUs on Alibaba China retail marketplaces reached 580 million in December 2017, an increase of 31 million over September 2017.
Its net income was RMB23,332 million (US$3,586 million), income from operations was RMB25,996 million (US$3,996 million) and adjusted EBITDA was RMB36,183 million (US$5,561 million). Operating margin was 31%, adjusted EBITDA margin was 44% and adjusted EBITA margin for core commerce was 53%.
Tmall recorded 43% year-over-year growth in physical goods GMV in Q4 2017. Its Double 11 GMV grew by 39% year-over-year to RMB168.2 billion (US$25.9 billion). Alipay processed 1.5 billion payment transactions in total, an increase of 41% year-over-year from 2016. Find out Uniqlo’s Secret Recipe to Success on Alibaba Double 11 and the top-selling products here.
Hema expanded its fresh grocery footprint by adding five new stores in Shanghai, Beijing, Ningbo and Suzhou, bringing the total number of Hema stores to 25 as of December 31, 2017. Hema exemplifies the convergence of online and offline retail by leveraging Alibaba’s in-store proprietary technology, digitized supply chain system, consumer insights and mobile ecosystem to provide a seamless experience for consumers.
In November 2017, Alibaba formed a strategic alliance with Sun Art Group Limited, the number one hypermarket and supermarket chain by revenue in China with over 440 stores nationwide to equip traditional retailers with its proprietary technology and know-how in online-offline convergence to implement their digital transformation. Alibaba and an affiliate invested an aggregate of HK$22.4 billion (US$2.9 billion) for an effective 36% equity stake in Sun Art.
Revenue from Alibaba’s international commerce retail business reached RMB4,733 million (US$727 million) in Q4 2017, representing 93% year-on-year growth, driven by the strong growth of its Southeast Asian platform Lazada and our global retail marketplace AliExpress.
AI-powered voice assistant, Tmall Genie, surpassed one million units sold since its official launch in July 2017. Tmall Genie is supported by a growing collection of content and services and is an effective vehicle for offering a comprehensive set of every-day living applications within the Alibaba
Alibaba has agreed to a 33% equity stake in Ant Financial that will strengthen our strategic relationship pursuant to the series of agreements reached with Ant Financial in 2014.