Revenue of Alibaba Group 2011-2019
|Year||Revenue (RMB Million)||Revenue ($ million)|
The revenue of the Alibaba group in FY2019 rose to ¥376,844m or $56,152m from ¥250,266m or $39,898m in FY2018. Ecommerce sales accounted for around 85% of the brand’s revenue in 2018.
Alibaba enjoyed impressive growth in its e-commerce sales last year. The company saw its customer base for its China retail operations grow by around 18 million over the previous fiscal year. The number of Annual Active consumers for the fiscal year 2019 became 654 million. The e-commerce segment of the Alibaba group enjoyed a 51% YoY growth.