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    The 11.11 Global Shopping Festival is Alibaba Group's annual large-scale global shopping festival. Alibaba Group operates China's largest retail commerce business called Taobao and Tmall, which together constitute the world's largest digital retail business. For fiscal year 2022, Alibaba Group served approximately 1.31 billion annual active consumers globally and generated total GMV of RMB8,317 billion (US$1,312 billion) in the Alibaba Ecosystem.

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    The 11.11 Global Shopping Festival is Alibaba Group's annual large-scale global shopping festival. Alibaba Group operates China's largest retail commerce business called Taobao and Tmall, which together constitute the world's largest digital retail business. For fiscal year 2022, Alibaba Group served approximately 1.31 billion annual active consumers globally and generated total GMV of RMB8,317 billion (US$1,312 billion) in the Alibaba Ecosystem.

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    The 11.11 Global Shopping Festival is Alibaba Group's annual large-scale global shopping festival. Alibaba Group operates China's largest retail commerce business called Taobao and Tmall, which together constitute the world's largest digital retail business. For fiscal year 2022, Alibaba Group served approximately 1.31 billion annual active consumers globally and generated total GMV of RMB8,317 billion (US$1,312 billion) in the Alibaba Ecosystem.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Page 0024

    Uploaded by

    Micheal Adediran
    The 11.11 Global Shopping Festival is Alibaba Group's annual large-scale global shopping festival. Alibaba Group operates China's largest retail commerce business called Taobao and Tmall, which together constitute the world's largest digital retail business. For fiscal year 2022, Alibaba Group served approximately 1.31 billion annual active consumers globally and generated total GMV of RMB8,317 billion (US$1,312 billion) in the Alibaba Ecosystem.

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    Business Overview

    The 11.11 Global Shopping Festival is a large-scale global festival held by Alibaba Group annually.

    Company Overview billion) of GMV generated from our China consumer-


    facing businesses, including those in China commerce,
    To fulfill our mission “to make it easy to do business Local consumer services and Digital media and
    anywhere,” we enable businesses to transform the entertainment segments, and US$54 billion of GMV
    way they market, sell and operate and improve their generated from our International commerce retail
    efficiencies. We provide the technology infrastructure business. We also serve millions of enterprises through
    and marketing reach to help merchants, brands, our Cloud business, and many of our customers are
    retailers and other businesses to leverage the power reputable industry leaders in their respective verticals.
    of new technology to engage with their users and In fiscal year 2022, Alibaba Cloud served more than
    customers and operate in a more efficient way. We 60% of A-share listed companies in China.
    also empower enterprises with our leading cloud
    infrastructure and services and enhanced work China Commerce
    collaboration capabilities to facilitate their digital
    transformation and to support the growth of their China Commerce Retail
    businesses. We are the largest retail commerce business in the
    world in terms of GMV in the twelve months ended
    Our businesses are comprised of China commerce,
    March 31, 2022, according to Analysys. Our China
    International commerce, Local consumer services,
    commerce retail businesses primarily include Taobao
    Cainiao, Cloud, Digital media and entertainment, and
    and Tmall, which together constitute the world’s
    Innovation initiatives and others. An ecosystem has
    largest digital retail business in terms of GMV for the
    developed around our platforms and businesses that
    twelve months ended March 31, 2022, according to
    consists of consumers, merchants, brands, retailers,
    Analysys, Taobao Deals which offers consumers value-
    third-party service providers, strategic alliance
    for-money products, Taocaicai which provides next-
    partners and other businesses. For fiscal year 2022,
    day pick-up services for groceries and fresh goods
    we served approximately 1.31 billion annual active
    at neighborhood pick-up points, as well as our direct
    consumers through our global consumer-facing
    sales businesses which offer upgraded consumer
    businesses in the Alibaba Ecosystem, including over
    experiences with integrated online and offline
    1 billion in China and 305 million consumers outside
    capabilities, including Tmall Supermarket, Freshippo
    China. Total GMV transacted in the Alibaba Ecosystem
    and Sun Art. During the same period, we generated
    was RMB8,317 billion (US$1,312 billion) for fiscal year
    approximately 67% of our revenue from our retail
    2022, which included RMB7,976 billion (US$1,258
    commerce business in China.

    22 Alibaba Group Holding Limited

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