When all eyes are focused on the leading giants, Ali’s number can not afford to fall back. And the global “is going through an unusual period”, Ali financial report itself shoulders more significance than the revenue figures. < / P > < p > the group released the first quarter performance report of fiscal year 2021 (from April 1, 2020 to June 30, 2020). According to the report, Alibaba’s revenue in the quarter was 153.75 billion yuan, up 34% year-on-year; its net profit was 39.47 billion yuan, much higher than the market expectation of 19.088 billion yuan, 86% higher than the same period last year; the operating profit was 34.705 billion yuan, up 42% year on year. Novel coronavirus pneumonia affected the Alibaba’s revenue in the last quarter, and its growth was only 22%. Prior to this, “giant ship” Ali has maintained 11 consecutive quarters, with a year-on-year growth rate of more than 40%. < / P > < p > in its latest financial report, it announced record breaking Revenue: in the second quarter of 2020, Jingdong’s revenue increased by 33.8% year-on-year, reaching 2011 billion yuan, which was the first time in the history of Jingdong that the single quarter revenue exceeded 200 billion yuan. Therefore, Jingdong became the first Internet company with more than 200 billion yuan of revenue in a single quarter in China. In addition to Ali and Jingdong, pinduoduo, another major e-commerce platform, will release its latest financial report on the evening of the 21st. Some people attribute the key of Jingdong’s rapid growth to sinking. The number of new users in Jingdong reached a new high of 29.9% in the previous quarter, which reached a new high of 29.9% in the previous quarter, which reached a new high of 29.9% in the previous quarter. Such growth makes the total number of users of Jingdong break through 400 million, and the core of growth is the new users of low-end market brought by Jingxi and Jingdong Express Edition. < / P > < p > compared with JD, Alibaba’s new 28 million users are slightly inferior, but it is not easy to have this growth under such a large base. According to Alibaba financial report, in June 2020, the number of mobile live mobile users in China’s retail market reached 874 million, an increase of 28 million compared with March. The growth is also due to the acquisition of new users and consumers in underdeveloped areas. The number of mobile monthly live users of Taobao special edition launched in March was about 40 million in June. < / P > < p > in the subsequent telephone conference of financial report analysts, Zhang Yong, chairman and CEO of Alibaba, stressed in answering the question of platform user competition, “for Alibaba, our Chinese retail business provides consumers with a comprehensive service experience. Alibaba’s platform is still the preferred consumer platform for Chinese consumers. ” < p > < p > it is difficult to simply attribute Ali’s growth rate. Its huge body is divided into the core business, cloud computing and other sectors, and the growth rate is scattered among various plates, showing different performances. In Ali’s financial report, the growth of new engines is like a competition, constantly climbing. Among them, sinking business and overseas market development are still the focus of attention, and as the beginning of the year, the local life plate also handed in the answer paper of the half year examination. < p > < p > when the financial report was released, Ali used such words to describe the performance of this quarter. For a giant enterprise, as Zhang Yong said in the telephone meeting of financial report analysts last night, “it is going through an unusual period”. The financial report itself bears more significance than the revenue figures, so it can not be “stable”.
in early March this year, Ali moved in the field of life frequently, first Alipay revised, and then explicitly promised that the Commission of its takeaway platform was lower than the 3%~5% of other platforms.
in March 30th, Chen Shaohui of the US group responded by calling at the conference call: “Alibaba’s business restructuring and Alipay’s revision show that the goal of the US group is correct. It proves the business mode and value of the US mission and proves the potential of the market.” CFO In the earnings report,
gave a new transcript to Alipay after joining Alipay: 45% of the new consumers who took out of food and beverage came from Alipay mobile apps, which was 40% last quarter. In addition, Ali disclosed that the quarterly income of local living services was 7.101 billion yuan, a year-on-year increase of 15%. In the last quarter, due to the impact of the epidemic, Ali’s local living service income decreased by 8% year-on-year. According to the first quarter data released by meituan on May 25, its first quarter revenue was 16.753 billion yuan. Ali’s local living income mainly comes from the platform Commission of instant delivery and local life service platform, service charge for providing distribution service and other service fees. < / P > < p > has Wang Lei, the president of Ali’s local life, ever used the phrase “standing on the second floor and fighting on the first floor” to describe the past competition and hunger. An Ali insider said that in terms of takeout, Ali is not so good, but the catering and non catering sectors constitute local life. The non catering sector is the current competition for retail in the same city, and there are still great opportunities for this part of Ali. < / P > < p > according to latepost, in mid April, the business group of tmall supermarket was upgraded to the retail business group in the same city. At present, the retail business group in the same city has risen to one of the No.1 projects focused on by Zhang Yong. In this new battlefield, there are not only tmall supermarket, taoxianda and HEMA, but also a series of new and upgraded Bu such as hungry Mo and rookie. < p > < p > in the latest financial report, Alibaba disclosed that in June, Taobao app took the lead in launching “Houda” service in 16 cities. In the “Houda” channel, consumers can find products from tmall supermarket, taoxianda supermarket, and many supermarket convenience stores connected to famously. < / P > < p > as early as the third quarter of 2019, the new retail and direct business led by tmall supermarket and HEMA accounted for 15% of revenue, exceeding the commission income for the first time and becoming the second largest source of revenue for Ali. In this quarter’s financial report, local living and “other” income (including tmall supermarket, Yintai, etc.) jointly contributed 7% of the total income. According to the financial report, Ali’s revenue in the first quarter was 153.75 billion yuan, including 101.3 billion yuan in retail business including core e-commerce business, a year-on-year increase of 34%. Combined with the achievements of Jingdong, the e-commerce industry has gradually recovered from the epidemic. < p > < p > and similar to that of Jingdong in the sinking market, Ali said in the financial report that this quarter continued to provide penetration in less developed areas. At the beginning of March this year, Taobao released a special edition of Taobao, which directly contrasted and spelled a lot. Together with Jingdong Jingxi, the three e-commerce giants are fighting hand in hand again in the sinking market. < / P > < p > according to the data given in the financial report, the mobile monthly life of Taobao special price edition has reached 40 million. Cai Chongxin, executive vice chairman of Alibaba group, said that Taobao’s special edition is aimed at customers with high price sensitivity and provides them with high-quality and cost-effective products, and the target group is very clear. And this quarter, Taobao special edition of the Gmv increased by more than 100%. However, it is worth noting that Taobao’s special edition was hatched in 1688, and the growth of users is inseparable from the “resource pool” of 1688. In 1688, Alibaba’s revenue from China’s wholesale business was 3.484 billion yuan, up 16% from 2.992 billion yuan in the same period of 2019, mainly due to the increase in average income from paying members and the increase in revenue from retail links. < p > < p > in a conference call after the announcement of Jingdong financial report, CEO Xu Lei of Jingdong retail group said that in the second half of the year, Jingdong will further lay out and sink emerging markets and industrial belts and empower industrial belts, including digital empowerment, production and development of factory goods, etc. < p > < p > there are two means for Jingdong to further sink: one is the full bloom of offline stores, the other is the continuous improvement of the logistics system. In the future, these two plates will undoubtedly have more and more interwoven with ALI. < p > < p > domestic demand and import are the two carriages driving China’s consumption. On the other side of the sinking, Ali is also constantly expanding the overseas shopping market. This time, Alibaba disclosed that tmall Global’s Gmv (excluding outstanding orders) had a year-on-year growth of more than 40%, but koala.com, which received a large amount of 2 billion yuan, did not disclose relevant data. In early August, US President trump signed an executive order banning tiktok and wechat. One month ago, on June 29, the Ministry of electronic information technology of India officially issued a “China app ban”, banning 59 applications, including tiktok, Kwai, baidu map, UC browser, etc. China’s novel coronavirus pneumonia is also growing rapidly. Zhang Yong also said that in the conference call of analysts, the new Sino
relationship is becoming increasingly tense. It also brings new uncertainties to the group. “We are closely monitoring the changes in the US government’s policy toward Chinese enterprises, tracking and evaluating the possible impact of these changes on Alibaba, and adopting new compliance measures accordingly.” In addition, Zhang Yong stressed that as the world’s largest e-commerce platform, Alibaba’s business focus in the United States is to help American brand retailers, small and medium-sized businesses and farmers sell their products to major global markets including China. We believe that international trade and cooperation will continue. We believe that Ali’s mission and practice of “let the world have no difficult business” are in the interests of both China and the United States. Although there is uncertainty overseas, there is also good news. In the latest financial report, the quarterly order volume of lazada, an e-commerce platform in Southeast Asia, increased by more than 100% year-on-year. < / P > < p > “Southeast Asia is Ali’s most strategic and important market. We will use technology and artificial intelligence to achieve a sustainable development market. Lazada is not an isolated business. We hope to create a global market that can support local to local, China to Southeast Asia and other countries to Southeast Asia. The biggest difference in the Southeast Asian market is the popularity of social networks in Southeast Asia. We will make good use of the power of social networks and continue to invest in them in the future. ” < / P > < p > not only lazada, but also Alibaba cloud’s overseas landing initially focused on Southeast Asia. According to the financial report, Alibaba cloud’s quarterly revenue is 12.345 billion yuan, with a year-on-year growth rate of 59%. In the first half of 2020, the accumulated revenue is 24.562 billion yuan. The continuous growth of public cloud and hybrid cloud has become an important engine of Alibaba cloud. In 2019, Alibaba cloud’s market share in the Asia Pacific region continues to rise, from 26% to 28.2%. < p > < p > in the face of the current overseas situation, Ali said that it would stop the services of UC web and other innovative businesses in India, but it would not affect the group as a whole. Globalization is Alibaba’s long-term strategy and will adjust its strategy accordingly according to the current environmental changes. Four years ago, Ma Yun put forward the idea of “e-wtp” (electronic world trade platform). Globalization is one of Ali’s three major strategies, mainly including global buying, global selling, global payment, global transportation and global travel. Alibaba has never stopped in terms of payment and logistics.