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Revenue
12 Months Ended
Mar. 31, 2018
Revenue  
Revenue

 

5.            Revenue

Revenue by segment is as follows:

                                                                                                                                                                                    

 

 

 

Year ended March 31,

 

 

 

 

2016

 

2017

 

2018

 

 

 

 

(in millions of RMB)

 

 

Core commerce:

 

 

 

 

 

 

 

 

 

 

 

China commerce retail (i)

 

 

 

 

 

 

 

 

 

 

 

- Customer management

 

 

52,396

 

 

77,530

 

 

114,285

 

 

- Commission

 

 

25,829

 

 

34,066

 

 

46,525

 

 

- Others

 

 

1,808

 

 

2,513

 

 

15,749

 

​  

​  

​  

​  

​  

​  

 

 

 

 

80,033

 

 

114,109

 

 

176,559

 

 

China commerce wholesale (ii)

 

 

4,288

 

 

5,679

 

 

7,164

 

 

International commerce retail (iii)

 

 

2,204

 

 

7,336

 

 

14,216

 

 

International commerce wholesale (iv)

 

 

5,425

 

 

6,001

 

 

6,625

 

 

Cainiao logistics services (v)

 

 

 

 

 

 

6,759

 

 

Others

 

 

385

 

 

755

 

 

2,697

 

​  

​  

​  

​  

​  

​  

 

Total core commerce

 

 

92,335

 

 

133,880

 

 

214,020

 

 

Cloud computing (vi)

 

 

3,019

 

 

6,663

 

 

13,390

 

 

Digital media and entertainment (vii)

 

 

3,972

 

 

14,733

 

 

19,564

 

 

Innovation initiatives and others (viii)

 

 

1,817

 

 

2,997

 

 

3,292

 

​  

​  

​  

​  

​  

​  

 

Total

 

 

101,143

 

 

158,273

 

 

250,266

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

 

 

 

 

           

(i)          

Revenue from China commerce retail is primarily generated from the Company's China retail marketplaces and includes revenue from customer management, commissions and sales of goods.

           

(ii)          

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

           

(iii)          

Revenue from international commerce retail is primarily generated from AliExpress and Lazada (Note 4(h)) and includes revenue from customer management, commissions and sales of goods.

           

(iv)          

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

           

(v)          

Revenue from Cainiao logistics services represents revenue from the domestic and cross-border fulfilment services provided by Cainiao Network (Note 4(b)).

           

(vi)          

Revenue from cloud computing is primarily generated from the provision of services, such as elastic computing, database, storage, network virtualization services, large scale computing, security, management and application services, big data analytics, and machine learning platform and IoT services.

           

(vii)          

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

           

(viii)          

Revenue from innovation initiatives and others is primarily generated from businesses such as AutoNavi and other innovation initiatives. Other revenue also includes SME Annual Fee received from Ant Financial and its affiliates (Note 4(a)).

 

           

Revenue by type of services is as follows:

                                                                                                                                                                                    

 

 

 

Year ended March 31,

 

 

 

 

2016

 

2017

 

2018

 

 

 

 

(in millions of RMB)

 

 

Customer management services

 

 

 

 

 

 

 

 

 

 

 

P4P and display marketing

 

 

53,185

 

 

83,581

 

 

119,822

 

 

Other customer management services

 

 

3,963

 

 

5,706

 

 

9,076

 

​  

​  

​  

​  

​  

​  

 

Total customer management services

 

 

57,148

 

 

89,287

 

 

128,898

 

 

Commission

 

 

27,793

 

 

37,848

 

 

52,411

 

 

Membership fees and value-added services

 

 

7,627

 

 

10,638

 

 

13,823

 

 

Cainiao logistics services

 

 

 

 

 

 

6,759

 

 

Cloud computing services

 

 

3,019

 

 

6,663

 

 

13,390

 

 

Sales of goods and other revenue (i)

 

 

5,556

 

 

13,837

 

 

34,985

 

​  

​  

​  

​  

​  

​  

 

Total

 

 

101,143

 

 

158,273

 

 

250,266

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

 

 

 

 

           

(i)          

This mainly represents sales of goods and other revenue generated by Lazada (Note 4(h)), Intime (Note 4(c)) and UCWeb, as well as SME Annual Fee received from Ant Financial and its affiliates (Note 4(a)).