Commercial quick review | Alibaba "growth toughness" that abandoned GMV from the first quarter report ｜ See you every day on the cover

Cover news reporter Meng Mei

On the evening of August 4, Alibaba Group announced the performance of the first quarter of fiscal year in FY2023 (the second quarter of 2022), and the quarterly revenue was RMB 205.555 billion, which remained stable year -on -year. Both exceed market expectations.

The financial report shows that the 12 months ended June 30, 2022, more than 123 million consumers spent more than RMB 10,000 in Taobao Tmall's annual consumption. Flat. As of June 30, 2022, the 88VIP member scale reached 25 million. According to Ali's financial report, it is not difficult to see that in June, the main businesses including local life services and Taobao Tmall have seen obvious recovery signals, which may provide a good foundation for the company's quarterly performance.

In April and May, different degrees of supply chain and logistics were interrupted due to the epidemic. The combined digital business infrastructure formed by Alibaba for many years, while serving the diversified demand for consumption, it also guarantees growth toughness in uncertainty. Jin Xing, an associate professor at the School of Economics of Zhejiang University of Finance and Economics, believes that for a platform company, the two main variables to measure their development are: the business and network effects of promoting transactions. Although affected by various factors at home and abroad, the business competitiveness with domestic e -commerce as its core interaction is stable, and the continuous development of international business, local life, cloud computing and other businesses, and the vitality of platform business and technological innovation is still the same. These businesses are intertwined, covering all aspects of daily life, and the platform's attractiveness and stickiness to users are extremely strong.

It is not difficult to see from the financial report that in recent years, the annual active users of the Alibaba platform have been operating at a high level. ARPU has increased its increase in the trend since the third quarter of last year. Some fast increases to high -quality growth transformation.

In the long run, it has shown a good pressure resistance toughness in the aspect of the business scene of the underlying technology upgrade of the Internet. In this quarter, the sales of Hema and Gaoxing Retail lines accounted for 68%and 36%, respectively. Non -meal delivery orders for hungry growth increased steadily. In terms of sinking markets, the payment GMV of the M2C (source direct supply model) of Taobao and Taotei (source direct supply model) increased by more than 40%year -on -year, and the GMV of Taoshisa was over 200%year -on -year. Behind these growth is the gradually established distributed logistics network of Alibaba, forming a large -scale full -scale performance layout of a large -scale distant, middle and near field, covering the timeliness from the country to the local, from the far field to the nearby field, the day, and the second day, the second, the second, and the second. Various on -demand distribution models such as Hita.

From the perspective of the revenue performance of various business segments in the second quarter, the year -on -year growth rate of cloud computing remains 10%, becoming an important fulcrum and growth engine for Ali to serve the national strategy in addition to the core advantage of e -commerce. With the continuous advancement of the "cloud nail", the total number of ecological partners on the nails exceeded 4,000, covering more than 20 national economic industries. There is still a lot of potential space for the extension of the business chain in this regard and the market disk expansion. From the perspective of long -termism, this is also an important dimension to support Ali's future value.

According to the financial report, as of the quarter of June 30, 2022, according to the company's share repurchase plan, about 3.5 billion US dollars repurchased about 38.6 million U.S. deposit stocks (equivalent to about 308.7 million ordinary shares). Compared with the previous quarter, approximately $ 2 billion repurchased about 17.8 million U.S. depository shares (equivalent to about 142.8 million ordinary shares). In this quarter, Alibaba's repurchase was further strengthened. As of June 30, 2022, the ordinary shares circulating in Alibaba Group were about 2.12 billion shares (equivalent to about 2.6 billion US deposit stocks).

As Zhang Yong, chairman and CEO of Alibaba Group's board of directors, said- "Based on the high -quality consumer groups owned by Alibaba and the diversification of diversified business that meets the different needs of customers, we are full of long -term growth in the future confidence."

- END -