Sina Science and Technology News Beijing time on May 13 evening newsAlibabaToday released financial results for the fourth quarter and full year of fiscal year 2021 ended March 31, 2021 (Note: BABA's fiscal year is out of sync with the natural year, beginning on April 1 of each year and ending on March 31 of the following year).
In the fourth quarter, BABA's revenue was 187.395 billion yuan ($28.602 billion), up 64% from a year earlier. If you don't consider mergingGao Xin retailRevenue was 159.952 billion yuan ($24.413 billion), up 40% from a year earlier.
The net loss attributable to common shareholders was 5.479 billion yuan ($836 million) and the net loss was 7.654 billion yuan ($1.168 billion), mainly due to the above-mentioned antitrust law fines. Excluding this impact and several other items, non-GAAP net profit was 26.216 billion yuan ($4.001 billion), up 18% from a year earlier.
In fiscal year 2021, revenue was 717.289 billion yuan ($109.48 billion), up 41 per cent from a year earlier. Excluding the impact of the merger of Gaoxin retail since we began in October 2020, revenue was 674.42 billion yuan ($102.937 billion), up 32% from a year earlier.
The net profit attributable to common shareholders is 150.308 billion yuan ($22.941 billion) and the net profit is 143.284 billion yuan ($21.869 billion), reflecting the increase in equity incentive fees mentioned in the above antitrust law fines and "operating profits" section. Excluding this impact and several other items, non-GAAP net profit was 171.985 billion yuan ($26.25 billion), up 30 per cent from a year earlier.
Performance highlights:
Active user
BABA released financial results for the fourth quarter and the whole year of fiscal year 2021. According to the financial report, as of March 31, 2021, the number of monthly active users of BABA in China's retail market reached 925 million, and the number of annual active consumers reached 811 million, an increase of 32 million in a single quarter, the highest in nine quarters. About 70% of the new annual active consumers come from less developed regions.
GMV
BABA released financial results for the fourth quarter and the whole year of fiscal year 2021. According to the financial report, BABA's global annual active consumers reached 1 billion in the 2021 fiscal year, and BABA's ecosystem GMV reached 8.119 trillion yuan.
Local life
BABA's local life service revenue was 7.249 billion yuan, an increase of 50% over the same period last year.
Rookie network
BABA released financial results for the fourth quarter and the whole year of fiscal year 2021. According to the financial report, after excluding inter-company transactions within the group in fiscal year 2021, Cainiao's network revenue increased by 68 per cent year-on-year to 37.258 billion yuan, accounting for 5 per cent of the group's total revenue. In addition, Cainiao Network achieved operating cash flow in fiscal year 2021. In March 2021, the global parcel network of Cainiao Network averaged more than 5 million packages a day.
Live broadcast on Taobao
BABA released financial results for the fourth quarter and the whole year of fiscal year 2021. The financial report shows that core businesses continued to grow steadily in the fourth quarter of 2021: Tmall online physical GMV (excluding unpaid orders) increased by 26% year on year, up from 19% in the previous quarter; Taobao online physical GMV (excluding unpaid orders) accelerated year-on-year growth; Taobao Live fiscal year 2021 GMV exceeded 500 billion yuan.
Cloud Computing
Revenue from the cloud computing business rose 50 per cent year-on-year to 60.12 billion yuan ($9.176 billion) in fiscal 2021, mainly driven by growth in customer income in the Internet, public sector and financial sectors. Cloud computing revenue rose 37 per cent year-on-year to 16.761 billion yuan ($2.558 billion) in the first quarter of 2021, with quarterly revenue growth slowing mainly due to a decline in revenue from single-head customers from the Internet industry.
Innovative business
In the fourth quarter, BABA's innovative business and other income was 1.222 billion yuan, an increase of 18% over the same period last year.
According to the financial report, Gaud reached an important milestone of more than 100 million daily active users in April 2021.
Digital media and entertainment revenue
Revenue from the digital media and entertainment division for the three months ended March 31, 2021 was 8.05 billion yuan, up 12% from 7.2 billion yuan in the same period in 2020. The main reason for the slight increase is that it comes fromAliThe increase in revenue from the film industry and online games was partly offset by a decline in revenue from customer management.
Zhang Yong, chairman and CEO of BABA Group, said that BABA Group reached the historic milestone of 1 billion active consumers worldwide in fiscal year 2021. Our overall business is growing strongly on a healthy basis, and BABA ecosystem achieved a new record of US $1.2 trillion GMV in the current fiscal year.