Quickly understand a company | Alibaba
Company Profile
In September 1999, Alibaba was founded by Jack Ma and 18 other partners in Hangzhou.
In May 2003, Taobao.com was launched.
In December 2004, Alibaba launched Alipay
In September 2009, AliCloud was established.
In January 2012, Taobao Mall was officially renamed Tmall
In May 2013, Alibaba established Cainiao Network with its partners
In September 2014, Alibaba Group listed on the New York Stock Exchange
In January 2016, BoxMall launched its first store.
In October 2017, Alibaba Dharma Institute was established.
In more than two decades, Alibaba has transformed from an e-commerce company into a technology-driven, integrated platform covering scenarios of digital commerce, intelligent logistics, cloud computing, human-territory relations, and culture and entertainment.
Business Segments
In the fiscal year 2022 (2021.4.1-2022.3.31), the company achieved operating revenue of 853.062 billion yuan, an increase of 18.93% year-on-year. Net profit was 61.959 billion yuan, down 58.78% year-on-year. * Among them, the China Commercial segment achieved revenue of 592.705 billion yuan, international commercial revenue of 61.078 billion yuan, local life business revenue of 43.491 billion yuan, Cainiao achieved a revenue of 46.107 billion yuan, cloud business revenue of 74.568 billion yuan, digital media and entertainment revenue of 32.272 billion yuan, innovation business and others of 2.841 billion yuan
Business revenue distribution
Products
The Company's business covers a wide range of industries, as shown in the larger image below.
Of these, approximately 1.31 billion annual active consumers worldwide, over 1 billion annual active consumers from China, and about 305 million annual active consumers from overseas. Of the Chinese consumers, those from China's commercial retail business, about 903 million. A total of approximately $8.317 trillion in GMV in the fiscal year 2022, of which roughly $7.976 trillion in GMV is generated by the business for Chinese consumers.
Regarding the wholesale business, China's wholesale industry has over 990,000 paid members, and the global wholesale company has over 245,000 paid members in the current fiscal year.
The local life business covers two scenarios of "home" and "destination." This fiscal year provided services to 376 million annual active consumers, and orders increased by more than 25% year-on-year. On October 1, 2021, Gaode achieved 200 million daily active users.
On the logistics front, Cainiao's cross-border and international business fulfilled more than 4.5 million packages per day on average as of this fiscal year. The self-developed L4 self-driving Xiaoban Donkey has delivered more than 10 million parcels
For AliCloud, it served over 60% of A-share listed companies this fiscal year while providing cloud computing services to 27 overseas regions worldwide. Regarding technology, it released its own server Panjou, a new generation of cloud-native database PolarDB.
In the entertainment sector, Youku's average daily paid subscriber base for 2022 increased by approximately 15% compared to the previous fiscal year. Alifilm participated in eight of the top ten domestic movies at the box office during the fiscal year.
Core Technology
Technology is critical to achieving operational efficiency, enhancing the consumer experience, and fostering innovation. The company's technology consists of the following key dimensions.
Infrastructure: The data center has a distributed architecture that uses innovative cooling technology, distributed power technology, and intelligent monitoring to improve operational efficiency. The data center also has the offsite multi-live capability, providing the system with scalable capacity and a few degrees of stability.
Cloud Operating System: Alibaba's self-developed distributed general computing operating system [Feitian] virtualization architecture [Shen Long] and cloud storage framework [Pangu] work together to provide powerful computing and storage capabilities for Alibaba's cloud customers and Ali's core business.
Database: The company has developed a new generation of the cloud-native database, PolarDB, to help customers meet their real-time storage, transaction processing, and computing needs.
Big Data Analytics Platform: Ali's self-developed large-scale distributed data analytics platform can efficiently handle complex computing tasks. These include MaxCompute, a data storage and computing platform. Blink is a real-time computing platform, and Hologres is an interactive analytics lead generation platform.
Artificial Intelligence: The company's self-developed distributed deep learning platform, PAI, benefits from the insights accumulated from consumer experiences in various businesses and the real-time feedback provided by AliCloud customers. Different AI technologies have been widely used in the ecosystem to enhance consumer experience and operational efficiency.
IoT: Alibaba is committed to building IoT facilities and applying IoT platform technologies, edge AI computing, and other technologies to digital retail, industrial manufacturing, and different scenarios. Female Security: The company has built a security system across all facilities and business systems, handling billions of malicious attacks daily.
Core Executives
Zhang Yong
Born in 1972 and graduated from the Shanghai University of Finance and Economics, he became Chairman of the Board of Directors of Alibaba Group in September 2019. He has served as Group Chief Executive Officer since May 2015. Previously, Zhang Yong was a senior manager in the accounting and corporate advisory department of PricewaterhouseCoopers Shanghai from 2002 to 2005 and served as the Chief Financial Officer of Shanda Interactive Entertainment Ltd. from September 2005 to August 2007. he joined Alibaba in August 2007 and served as the Chief Financial Officer of Taobao. He also served as General Manager of Tmall since August 2008, President of Tmall in June 2011, and Chief Operating Officer of Alibaba from September 2013 to May 2015.
Shareholding and Organizational Structure
The company's largest shareholder is SoftBank of Japan. It holds 23.9% of the ordinary share.
A partnership system with 29 members determines the company's management. All partner voting is based on a one-person, one-vote basis. Alibaba nominates new partner candidates each year through the Partnership Committee.
The Partnership Committee consists of at least five and at most seven partners. The chart below shows the organizational structure of the company.
Financial Indicators
The Company's revenue continues to grow, but the growth rate begins to slow in fiscal 2022.
This is primarily due to market conditions' slowdown and competition resulting in lower year-over-year GMV growth.
Gross margin has declined in recent years but remains above 35% overall.
The debt ratio is 36.74%, which is relatively healthy.
Operating cash flow (billions) / Year-over-year
Culture and Values
Mission
To make it easy to do business anywhere
Vision
We aspire to be a good company that will last for 102 years. We envision that our customers will meet, work and live at Alibaba. Our vision for the fiscal year 2036 is to serve 2 billion global consumers, enable 10 million businesses to be profitable, and create 100 million jobs.
Values
Customers first, employees second, shareholders third
Trust makes everything simple
Change is the only constant
Today's best performance is tomorrow's baseline
If not now, when? If not me, who?
Live seriously, work happily.
Environmental Society and Governance
Fulfilling environmental responsibility
The company aims to achieve carbon neutrality in its operations by 2030 and to reduce its total emissions intensity by at least 50% from the 2020 level. At the same time, we hope that consumers and business partners will join us in our efforts to achieve a cumulative reduction of 1.5 billion tons of greenhouse gas emissions across our ecosystem by 2035.
Supporting our people
The company provides opportunities for feedback to Arizonans at all levels, has a comprehensive personnel evaluation system to help employees understand recent developments, and has a range of development programs to support employee growth. We also focus on the design and culture of the campus, encouraging healthy lifestyles and providing healthcare services.
Great promotion of quality of life and sustainable consumption
Diversified consumption: Creating consumer links through a variety of tools that make it possible to purchase a wide range of world goods at excellent value and speed.
Inclusive consumption: Extending consumer choice to underserved populations or those who face technological challenges due to age or disability.
Trustworthy Consumption: Committed to providing authentic, safe, and high-quality products while protecting the safety and privacy of consumers.
Responsible Consumption: To give consumers more accountable choices and keep dangerous and harmful products off the platform. We also promote sustainable and green markets.
Helping to support high-quality development, especially for SMEs
The company provides technology to enable SMEs to be more competitive and to operate efficiently by reducing their costs through digital tools, allowing the savings to be passed on to consumers.
Making communities and societies more inclusive and resilient
There is a huge gap between urban areas and the many rural areas with poor infrastructure. Companies need to help close this gap so that the disadvantaged can enjoy the benefits of the digital economy.
Driving participatory philanthropy
Promote more colleagues' involvement in philanthropy through the platform and carry out diverse volunteer projects.
Build corporate and social trust
Maintain a transparent and sound governance system. Develop and use technology ethically.
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