01
Business classification
1. Taotian Group: Taobao, Tmall, Xianyu, 1688, Tmall, Tmall.
2. Ali International: Lazada, AliExpress, Trendyol, Alibaba.com and other businesses.
3. Local life: Are you hungry, Gao De.
4. Cainiao Group: Logistics
5. Cloud Intelligence Group: Alibaba Cloud, DingTalk and other businesses.
6. Dawen Entertainment Group: Youku, Damai.com, Alibaba Pictures.
7. Others: Gaoxin Retail, Hema, Flying Pig, UC, Ali Health, Gaming, Yintai, etc.
Note: This quarter's business has undergone major adjustments. The main differences from before are
1. Taotian Group's previous and new retail sales (Gaoxin, Hema, Yintai, etc.) were placed under the Chinese commercial sector and began to separate this quarter to adjust new retail to other businesses.
2. Flying pigs, and the adjustment of word of mouth from local life to other businesses.
3. UC and gaming were adjusted from Dahwen Entertainment Group to other businesses.
To understand the business classification, let's take another look at this quarter's data.
02
Revenue, gross profit
After six quarters of unit revenue growth, revenue resumed double-digit growth in the current quarter. The growth rate reached 13.9%, and revenue reached the highest level in the same period in history.
The gross profit growth rate reached 21%, the gross margin increased to 39.2%, and the gross margin basically returned to normal levels.
03
Expenses, operating profit
Remarks:
1. Alibaba's net profit includes a large amount of investment income. Operating profit excludes the impact of investment income and is more responsive...