Alibaba Group Revenue
Revenue of Alibaba Group 2011-2019
|Year||Revenue (RMB Million)||Revenue ($ million)|
The revenue of 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 ecommerce sales last year. The company saw its customer base for its China retail operations grow by around 18 million over the previous fiscal year. Number of Annual Active consumers for fiscal year 2019 became 654 million. The e-commerce segment of Alibaba group enjoyed 51% yoy growth.
Alibaba Annual reports.