Alibaba Cloud Financial Performance from Time to Time

Alibaba Cloud Financial Performance from Time to Time

Alibaba Cloud Financial Performance from Time to Time- According to Annual report of Alibaba Group from 2015 to 2022, Alibaba Cloud has grown to become a cloud computing company with a gradually positive performance from time to time. Since its launch in 2009, Alibaba Cloud has shown positive on services and finances.

Alibaba Group and Its Development

Alibaba is a Chinese multinational company that specializes in e-commerce and technology. Until now, Alibaba is one of the biggest e-commerce companies in the world. The company owns and operates diverse businesses around the world in various sectors. Based on its history, Alibaba was founded by Jack Ma and Peng Lei in Hangzhou, Zhejiang, China on April 4, 1999.

Alibaba Cloud Financial Performance from Time to Time- Alibaba Cloud

Along with the company’s business development, until now the company has employed around 66 thousand employees worldwide and has operations in more than 200 countries in the world. Financially, the company has assets around 257 billion US Dollar with liabilities around 92 billion US Dollars. Furthermore, In 2022, this company can gain the revenue around 853,062 million Renminbi (RMB) with Net Income of around 47,079 million Renminbi (RMB).

Alibaba Cloud Financial Performance from Time to Time- List of Alibaba Group Businesses

As of 2022, Alibaba group has some diversified businesses in some sectors. These businesses include China commerce, International commerce, Local consumer services, Cainiao, Cloud, Digital media and entertainment, Innovation initiatives and others. China commerce segment includes China commerce retail businesses such as Taobao, Tmall, Taobao Deals, Taocaicai, Freshippo, Tmall Supermarket, Sun Art, Tmall Global, Alibaba Health, and 1688.com. Secondly, the International commerce segment consists of international commerce retail and wholesale businesses such as Lazada, AliExpress, Trendyol, Daraz and Alibaba.com.

Alibaba Cloud- Revenue and Income of Alibaba Group From 2015 to 2022

Thirdly, Local consumer services segment consist of location-based businesses, such as Ele.me, Taoxianda, Amap (previously reported under the Innovation initiatives and others segment), Fliggy and Koubei. Fourthly, Cainiao segment includes domestic and international one-stop-shop logistics services and supply chain management solutions. Fifthly, Cloud segment is comprised of Alibaba Cloud and DingTalk (previously reported under the Innovation initiatives and others segment). Sixthly, Digital media and entertainment consist of Youku, Quark, Alibaba Pictures and other content and distribution platforms, as well as our online games business. Lastly, Innovation initiatives and others segment includes businesses such as DAMO Academy, Tmall Genie and others. Other revenue also includes annual fees received from Ant Group or its affiliates in relation to the SME loans business.

Alibaba Cloud Financial Performance from Time to Time- Source of Revenue of Alibaba Group from 2015 to 2022

Financially, based on the business performance on Income Statement of annual report, the Alibaba Group showed positives performance from time to time. Annually, Alibaba has always gained the net income and it always has grown. The revenue of Alibaba Group in 2015 just 76,204 million Renminbi (RMB) and in 2022, It becomes 853,062 million Renminbi (RMB). This has grown more than tenfold.  In the net income variable, it showed good result but some problems about political conflicts between company and the Chinese Government can disturb the growth of net income.  In 2015, the net Income of Alibaba Group is just   24,320 million Renminbi (RMB) and It turn into 7,079 million Renminbi (RMB) in 2022.  Meanwhile, the pinnacle of the profit happens in 2021 with the value around 143 billion Renminbi (RMB).

Alibaba Cloud Financial Performance from Time to Time- Source of Alibaba Group in Percentage contributiion

Specifically, based on the business performance in 2022, the main source of revenue of Alibaba Group can be breakdown into some business segments. China commerce is the biggest contributor to Alibaba’s revenue in 2022. Financially, China Commerce contributes around 592,705 million Renminbi (RMB) or more than 60% of Alibaba’s revenue in 2022. Secondly, International commerce contributes around 61,078 million Renminbi (RMB) or 7% of alibaba’s revenue. Furthermore, Local consumer services with contribution around 43,491 million Renminbi (RMB), Cainiao with 46,107 million Renminbi (RMB), Cloud with 74,568 million Renminbi (RMB), Digital media and entertainment with 32,272 million Renminbi (RMB), Innovation initiatives and others with 2,841 million Renminbi (RMB).

Alibaba Cloud Financial Performance and Its Development from Time to Time

Alibaba Cloud, also known as Aliyun, is the Cloud Computing company that serves many cloud computing and web service products.  Launched in 2009, R&D centers and operation centers are in Hangzhou, Beijing, and Silicon Valley, The Alibaba cloud has grown into positive performance.

Alibaba Cloud Financial Performance from Time to Time- Revenue of Alibaba Cloud from 2015 to 2022

Along with business development, Alibaba Cloud offers a complete suite of cloud services, including proprietary servers, elastic computing, storage, network, security, database and big data, and IoT services.  In fiscal year 2022, Alibaba Cloud served more than 60% of A-share listed companies in China. In the International Market, As of March 31, 2022, Alibaba Cloud offers computing services in 27 regions globally and added new IDCs in Indonesia, Philippines, South Korea, Thailand and Germany in fiscal year 2022. According to IDC China Public Cloud, Alibaba Cloud is solidly positioned as the No. 1 cloud computing service provider in China. Meanwhile, in International Market, According to Gartner, Alibaba Cloud ranks 1st among cloud service providers in Asia Pacific, with a 19.6% market share and ranks 3rd among cloud service providers in terms of market share in the world, being a leader among providers in emerging markets.

Alibaba Cloud and Alibaba Group Revenue from 2015 to 2022

Based on its products, Alibaba Cloud Provides multiproducts including Computing, Storage, Networking, Security, Container & Middleware, Database, Analytics Computing, AI & Machine Learning, CDN & Cloud Communication, Enterprise Services & Media Services, Internet of Things, Developer Tools, Operations and Maintenance, Apsara Stack. Of all the products, Alibaba Cloud has some featured products. Some of the fetured products are Elastic Compute Service (ECS), Simple Application Server (SAS), Server Load Balancer (SLB), Elastic IP Address (EIP), Object Storage Service (OSS), PolarDB, ApsaraDB RDS for MySQL, Domains, Container Service for Kubernetes (ACK), and Alibaba Cloud CDN.

Along with business development, the revenue of Alibaba cloud has grown positively from time to time. in 2015, the revenue of alibaba cloud is just 2,191 million Renminbi (RMB) and in 2022, It has grown into 74,568 million Renminbi (RMB). Based on its contribution to allibaba group, the Cloud business of Alibaba Group, Alibaba cloud, contributes around 9% of overall revenue of Alibaba group.

Bibliography of Alibaba Cloud Financial Performance from Time to Time

Alibabacloud. 2023. Products. Accessed via https://www.alibabacloud.com/ on January 14th, 2023.

Alibabacloud. 2023. Annual Report. Accessed via https://www.alibabagroup.com/en-US/ir-financial-reports-financial-results on January 14th, 2023.

Alibabagroup. 2023. About Us. Accessed via https://www.alibabagroup.com/en-US/about-alibaba on January 14th, 2023.

Alibabagroup. 2023. Annual Report. Accessed via https://www.alibabagroup.com/en-US/investor-relations on January 14th, 2023.

Alibaba. 2023. Accessed via https://www.alibaba.com/?src=sem_ggl&field=UG&from=sem_ggl&cmpgn=9922923046&adgrp=97780319182&fditm=&tgt=kwd-310072615163&locintrst=&locphyscl=9127133&mtchtyp=e&ntwrk=g&device=c&dvcmdl=&creative=432272607775&plcmnt=&plcmntcat=&aceid=&position=&gclid=Cj0KCQiAn4SeBhCwARIsANeF9DLAKK1JScZhKgbeIvLbhiR3uZpjVBv6SdVzcg7Qcs1jTfH-F9taDrIaAr2JEALw_wcB on January 14th, 2023.

Wikipedia. 2023. Alibaba Group. Accessed via https://en.wikipedia.org/wiki/Alibaba_Group on January 14th, 2023.

Wikipedia. 2023. Products. Alibaba Cloud. Accessed via https://en.wikipedia.org/wiki/Alibaba_Cloud on January 14th, 2023.

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