Alibaba Reports December 2017 Quarterly Results

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Alibaba Reports December 2017 Quarterly Results

Alibaba Group today announcedfinancial results for the quarter ended Dec. 31, 2017. Highlights appear in the infographic and summary below. To read Alibaba Group’s press release covering the results in greater detail, click here.

Infographic: Click to expand.




  • An outstanding quarter with robust total revenue growth of 56% YoY
  • With three quarters in FY’18 of strong results, we are increasing FY’18 revenue guidance to 55% – 56%, up from the 49% to 53% range announced in November 2017
  • Agrees to 33% equity stake in Ant Financial
  • “Others” revenue under China commerce retail – which is mostly New Retail – was up 525% YoY

Summary financials

  • Total revenue growth of 56% YoY to US$12.8 billion
  • Strong Core Commerce revenue growth of 57% YoY to US$11.3 billion
  • Highly profitable Core Commerce segment; grew adjusted EBITA by 30% YoY to US$5.9 billion with adjusted EBITA margin for core commerce of 53%
  • 104% YoY growth in Cloud Computing revenues for the quarter
  • Non-GAAP diluted EPS(*) of US$1.63, up 18% YoY; while diluted EPS was US$1.41, up 33% YoY
  • Free cash flow was US$7.1 billion powering continued investment in core commerce offerings, cloud computing, digital media and entertainment and other innovation initiatives

Strong and Growing Core Commerce Business

User growth, engagement and monetization:

  • Mobile Monthly Active Users on China retail marketplaces reached 580 million in December 2017, an increase of 31 million over September 2017
  • Annual active consumers on China retail marketplaces reached 515 million, up 27 million users over the 12-month period ended September 2017
  • China commerce retail revenue per annual active consumer increased to US$48, up from US$44 in the prior quarter. Mobile revenue per mobile MAU grew to US$35, up from US$32 in prior quarter
  • 93% YoY revenue growth in our international commerce retail business to US$727 million, driven by strong growth in our in our Southeast Asian platform Lazada and our global retail marketplace, AliExpress

Robust Growth of Cloud Business

  • Cloud revenue grew 104% YoY to US$553 million driven by robust growth in paying customers and a more diversified revenue mix
  • Continued expansion of customer base across industries; major partnerships and customers include: Watsons China, Geely and Beijing Capital International Airport

Long-term Advantages in Digital Media and Entertainment

  • Youku video’s daily average subscribers grew over 100% year-on-year driven by successful launches of hit original drama series
  • Revenue from digital media and entertainment increased 33% YoY to US$832 million

New Retail

  • “Others” revenue under China commerce retail – which is mostly New Retail – was up 525% YoY
  • Freshippo (also known as Hema) added 5 new stores, bringing total store count to 25 as of December 2017

*Non-GAAP diluted EPS excludes disposal gains, share-based compensation and certain other items.

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