Net Income of Alibaba group

Alibaba group Net Income 2011-2021

Amounts are in millions.

Alibaba Net Income (in millions) 2018-2021
Alibaba Net Income (in millions) 2018-2021

 

YearNet Income (RMB Million)Net Income ($ million)
2021¥143,284$21,869
2020¥140,350$19,821
2019¥80,234$11,955
2018¥61,412$9,791 
2017¥41,226$ 5,989
2016¥71,289$11,056 
2015¥24,320$ 3,923
2014¥23,403 
2013¥8,649 
2012¥4,665 
2011¥1,608 

The net income of the Alibaba group in 2021 increased to $21,869 million or ¥143,284 million compared to $19,821 million in 2020 or ¥140,350 million. From 2020 to 2021, the net revenues of the company grew by 41%.

In FY 2019, the net income of Alibaba group climbed to ¥80,234 million or  $11,955 million. Its net income in FY 2018 was ¥61,412 million or $9,791 million. There was an increase of 31% in the net income of Alibaba group in the FY 2019 compared to the previous fiscal year.