Alibaba Q2s revenue is 119.02 billion yuan, with its own business and new retail revenue soaring

category:Internet
 Alibaba Q2s revenue is 119.02 billion yuan, with its own business and new retail revenue soaring


In the second financial quarter, among the revenue of 101.22 billion yuan of Alis core business, the revenue of Alis retail business in China was 75.786 billion yuan, a year-on-year increase of 40%, among which the revenue of self operated business and new retail business such as HEMA Xiansheng and tmall supermarket rose sharply; the revenue of Chinas wholesale business was 3.283 billion yuan, a year-on-year increase of 31%; the revenue of international retail business was 6.007 billion yuan, a year-on-year increase of 35%; the revenue of international wholesale business was 24 34 million yuan, a year-on-year increase of 20%; 4.759 billion yuan, a year-on-year increase of 48%; 6.835 billion yuan, a year-on-year increase of 36% for the local consumer service business (hungry reputation).

According to the financial report, rookie logistics service realized revenue of 4.759 billion yuan in the second quarter, up 48% from 3.206 billion yuan in the same period last year. In the 12 months to August 31, 2019, the annual number of users of the rookie wrap app exceeded 100 million. In the quarter, the number of packages wrapped by rookies increased by more than 100% year on year. Alibaba Group celebrated its 20th anniversary in September this year, which is an important milestone in our 102 year journey to let the world have no hard business. Zhang Yong, chairman and CEO of Alibaba group, said, by the end of 2024, we hope to serve more than 1 billion annual active consumers and help our businesses obtain more than 10 trillion yuan of annual trading volume. We will also continue to invest in user experience and innovative technologies, create new value for users, and promote the digital transformation of millions of enterprises in the new digital economy era. Source: responsible editor of Netease technology report: Yao Liwei, nt6056

According to the financial report, rookie logistics service realized revenue of 4.759 billion yuan in the second quarter, up 48% from 3.206 billion yuan in the same period last year. In the 12 months to August 31, 2019, the annual number of users of the rookie wrap app exceeded 100 million. In the quarter, the number of packages wrapped by rookies increased by more than 100% year on year.

Alibaba Group celebrated its 20th anniversary in September this year, which is an important milestone in our 102 year journey to let the world have no hard business. Zhang Yong, chairman and CEO of Alibaba group, said, by the end of 2024, we hope to serve more than 1 billion annual active consumers and help our businesses obtain more than 10 trillion yuan of annual trading volume. We will also continue to invest in user experience and innovative technologies, create new value for users, and promote the digital transformation of millions of enterprises in the new digital economy era.