2019財年第四財季及全年阿里巴巴財報（英文）

1、 1 Alibaba Group Announces March Quarter and Full Fiscal Year 2019 Results Hangzhou, China, May 15, 2019 – Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter and fiscal year

2、 ended March 31, 2019. “More and more, Alibaba is becoming synonymous with everyday consumption in China, growing our base to 654 million annual active consumers and extending our penetration in less-developed cities,”

3、said Daniel Zhang, Chief Executive Officer of Alibaba Group. “Our cloud and data technology and tremendous traction in New Retail have enabled us to continuously transform the way businesses operate in China and other

4、 emerging markets, which will contribute to our long-term growth.” “We delivered another strong quarter and excellent fiscal year, led by fiscal year revenue growth of 51% as well as robust user growth and engagement ac

5、ross our ecosystem. Excluding the effects of consolidating acquired businesses, revenue would have increased by 39% year-over-year,” said Maggie Wu, Chief Financial Officer of Alibaba Group. “Over the years, our stead

6、y profit growth and cash flow have enabled us to strengthen our core business, invest in new businesses and create unique value for our customers. These investments have expanded our total addressable market and positi

7、oned us well for long-term growth. Looking ahead to fiscal 2020, we expect revenue to be over RMB500 billion, reflecting our confidence and positive momentum going forward.” BUSINESS HIGHLIGHTS In the quarter ended Ma

8、rch 31, 2019: ? Revenue was RMB93,498 million (US$13,932 million), an increase of 51% year-over-year. ? Annual active consumers on our China retail marketplaces reached 654 million, an increase of 18 million from the 12

9、-month period ended December 31, 2018. ? Mobile MAUs on our China retail marketplaces reached 721 million in March 2019, an increase of 22 million over December 2018. ? Income from operations was RMB8,765 million (US$

10、1,306 million), a decrease of 5% year-over- year mainly due to our US$250 million settlement of a U.S. federal class action lawsuit. Adjusted EBITDA increased 29% year-over-year to RMB25,166 million (US$3,750 million).

11、 ? Adjusted EBITA for core commerce was RMB27,484 million (US$4,095 million), an increase of 24% year-over-year. Our marketplace-based core commerce adjusted EBITA (see definition at the end of this results announceme

12、nt), a non-GAAP measurement, increased 38% year-over-year to RMB34,688 million (US$5,169 million). 3 BUSINESS AND STRATEGIC UPDATES Core Commerce Our Core Commerce segment delivered robust revenue growth of 51% year-ov

13、er-year in fiscal year 2019. The strong performance of the Core Commerce segment was primarily driven by: ? effective user acquisition and penetration into less developed cities; ? solid revenue growth of China retail

14、marketplaces reflecting higher user engagement driving improving click-through rate and better purchase conversion; and ? expansion of our total addressable market by investing in local consumer services and New Retail

15、 businesses that captured additional consumer wallet share and improved user loyalty. China Retail – Solid increase in annual active users catalyzes GMV growth; improved merchant sentiment in allocating marketing spend.

16、 In March 2019, our China retail marketplaces had 721 million mobile MAUs, representing an annual and quarterly net increase of 104 million and 22 million, respectively. Annual active consumers on our China retail ma

17、rketplaces was 654 million for the 12 months ended March 31, 2019, representing an annual and quarterly net increase of 102 million and 18 million, respectively. This robust growth reflects successful user acquisition

18、programs, such as referrals through the Alipay app, and has been a leading indicator of increased consumption activities on our platforms. In fiscal year 2019, more than 70% of the increase in annual active consumers w

19、as from less developed cities. During fiscal year 2019, our China retail marketplaces recorded total GMV of RMB5,727 billion (US$853 billion), up 19% year-over-year, primarily driven by an increase in the number of ann

20、ual active consumers, putting us on track to achieve our US$1 trillion total GMV target by fiscal year end 2020. Total physical goods GMV from our China retail marketplaces, excluding unpaid orders, exhibited strong g

21、rowth of 25% year-over-year in fiscal year 2019. Tmall physical goods GMV, excluding unpaid orders, grew 31% year- over-year, which continued to exceed the sector average. Taobao physical goods GMV, excluding unpaid o

22、rders, delivered healthy and accelerated growth of 19% in fiscal year 2019. The number of paying merchants that generate customer management revenue increased during the quarter, which we believe reflects improved merch

23、ant confidence in allocating marketing spend. We are making progress on the monetization of recommendation feeds and enhancing recommendation algorithms. During the quarter, we allocated more traffic for testing of r

24、ecommendation monetization, which generated incremental customer management revenue in a quarter with seasonally lower revenue. Taobao – fast growing consumer community and new shopping experience. Taobao is a fast grow

25、ing consumer community that continues to redefine the shopping experience through content innovation and intelligent personalized recommendations. We are improving the user experience and adding greater value to merc

26、hants with our proprietary consumption knowledge graph. In fiscal year 2019, we successfully launched a new Taobao app interface, which delivers a customized shopping experience by segmenting users based on behavior dat

27、a and providing them with more recommendations to enhance product and content discovery. The new interface also includes Taobao’s innovative content, such as curated posts, short-form videos and live-broadcast events.