XML 143 R12.htm IDEA: XBRL DOCUMENT v3.7.0.1
Revenue
12 Months Ended
Mar. 31, 2017
Revenue  
Revenue

 

5.     Revenue

Revenue by segment is as follows:

                                                                                                                                                                                    

 

 

 

Year ended March 31,

 

 

 

 

2015

 

2016

 

2017

 

 

 

 

(in millions of RMB)

 

 

Core commerce:

 

 

 

 

 

 

 

 

 

 

 

China commerce retail (i)

 

 

59,732

 

 

80,033

 

 

114,109

 

 

China commerce wholesale (ii)

 

 

3,205

 

 

4,288

 

 

5,679

 

 

International commerce retail (iii)

 

 

1,768

 

 

2,204

 

 

7,336

 

 

International commerce wholesale (iv)

 

 

4,718

 

 

5,425

 

 

6,001

 

 

Others

 

 

113

 

 

385

 

 

755

 

​  

​  

​  

​  

​  

​  

 

Total core commerce

 

 

69,536

 

 

92,335

 

 

133,880

 

 

Cloud computing (v)

 

 

1,271

 

 

3,019

 

 

6,663

 

 

Digital media and entertainment (vi)

 

 

2,191

 

 

3,972

 

 

14,733

 

 

Innovation initiatives and others (vii)

 

 

3,206

 

 

1,817

 

 

2,997

 

​  

​  

​  

​  

​  

​  

 

Total

 

 

76,204

 

 

101,143

 

 

158,273

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

                                                                                                                                                                                    

 

 

(i)          

Revenue from China commerce retail is primarily generated from the Company's China retail marketplaces and includes revenue from online marketing services revenue and commissions.

(ii)          

Revenue from China commerce wholesale is primarily generated from 1688.com and includes fees from memberships and value-added services and revenue from online marketing services.

(iii)          

Revenue from international commerce retail is primarily generated from AliExpress and Lazada (Note 4(g)) and includes revenue from online marketing services revenue and commissions.

(iv)          

Revenue from international commerce wholesale is primarily generated from Alibaba.com and includes fees from memberships and value-added services and revenue from online marketing services.

(v)          

Revenue from cloud computing is primarily generated from the provision of services, such as elastic computing, database, storage and content delivery network, large scale computing, security, management and application services, big data analytics and a machine learning platform, as well as from web-hosting and domain name registration.

(vi)          

Revenue from digital media and entertainment is primarily generated from Youku Tudou (Note 4(f)) and UCWeb (Note 4(k)) and includes revenue from P4P marketing services and display marketing services and subscriptions.

(vii)          

Revenue from innovation initiatives and others is primarily generated from businesses such as AutoNavi (Note 4(i)) and other innovation initiatives. Other revenue also includes SME Annual Fee received from Ant Financial Services and interest income generated from micro loans before the completion of the restructuring of Payment Services during the year ended March 31, 2015 (Note 4(b)).

Revenue by type of service is as follows:

                                                                                                                                                                                    

 

 

 

Year ended March 31,

 

 

 

 

2015

 

2016

 

2017

 

 

 

 

(in millions of RMB)

 

 

Online marketing services

 

 

 

 

 

 

 

 

 

 

 

P4P and display marketing

 

 

36,197

 

 

53,185

 

 

83,581

 

 

Other online marketing services

 

 

3,938

 

 

3,963

 

 

5,706

 

​  

​  

​  

​  

​  

​  

 

Total online marketing services

 

 

40,135

 

 

57,148

 

 

89,287

 

 

Commission

 

 

22,705

 

 

27,793

 

 

37,848

 

 

Membership fees and value-added services

 

 

6,431

 

 

7,627

 

 

10,638

 

 

Cloud computing services

 

 

1,271

 

 

3,019

 

 

6,663

 

 

Other revenue (i)

 

 

5,662

 

 

5,556

 

 

13,837

 

​  

​  

​  

​  

​  

​  

 

Total

 

 

76,204

 

 

101,143

 

 

158,273

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

                                                                                                                                                                                    

 

 

(i)          

Other revenue mainly represents revenue from other services provided by Youku Tudou (Note 4(f)), Lazada (Note 4(g)), AutoNavi (Note 4(i)) and UCWeb (Note 4(k)), storefront fees, SME Annual Fee received from Ant Financial Services and interest income generated from micro loans before the completion of the restructuring of Payment Services during the year ended March 31, 2015 (Note 4(b)).