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March Quarter 2018 Results - alibabagroup.com
www.alibabagroup.comTotal Revenue Breakdown Quarterly Revenue • Total revenue YoY growth of 61% was mainly driven by the robust revenue growth of our China commerce retail business, Alibaba Cloud, and international commerce retail business.
Future of Retail
assets.kpmgillustrated in just a few stats. E-commerce retail sales are expected to increase by almost 17 percent (in CAGR terms) between 2010 and 2024. The next fastest growing channel (Discounters) will only achieve 3.4 percent growth over that time. Then consider the fact that, before the pandemic, almost 16 percent of sales were already flowing