In Quarter 4, Alibaba’s core business (including Tmall Taobao, New Retail, Overseas E-commerce) generated revenue of 78.894 billion yuan, up 54% year-on-year. Among them, China’s retail business revenue was 58.441 billion yuan, up 45% YoY. China’s wholesale business revenue was 2.547 billion yuan, up 35% YoY. International retail business revenue was 4.944 billion yuan, up 25% YoY. International wholesale business revenue was 25% YoY.
Alibaba’s cloud computing revenue was 7.726 billion yuan, up 76% YoY. while digital media entertainment revenue was 5.671 billion yuan, up 8% YoY. Innovation business and other revenue (including Gold and Tmall Elf) was 1.207 billion yuan, up 22% YoY.
For the full fiscal year 2019 (April 1, 2018 – March 31, 2019), Ali’s revenue was RMB376.844 billion (US$56,152 million), up 51% YoY. Net profit was RMB87.6 billion (US$13.053 billion), up 37% YoY. By classification, Ali’s core business revenue for fiscal 2019 was 323.400 billion yuan, up 51% YoY.
In fiscal 2019, Ali’s total turnover in China’s retail market (GMV) was 572.7 billion yuan, up 19% year-on-year, according to the data. Excluding unpaid orders, sales of physical goods rose 25% year-on-year, with Tmall up 31% and Taobao up 19%.
Taobao Mobile had 721 million monthly active users at the end of March 2019. Up by 104 million and 22 million from the same period last year and the previous quarter. There were 654 million active consumers in the year to the end of March, up 102 million from the same period last year. Tmall’s physical merchandise transactions grew 31% year-on-year in fiscal 2019 and 33% year-on-year in the fourth quarter.
Alibaba is increasingly becoming synonymous for Chinese consumption.
In addition, in fiscal 2019, Ant Financial paid Alibaba Group a royalty of 517 million yuan for licensed services and software technology services.