Earnings Presentation Q4 FY2023
International Commerce
.
International Commerce Retail revenue
Lazada AliExpress trendyol
Daraz A
▶阿里巴巴国际站
Alibaba.com
Revenue from our International commerce retail business in the quarter ended
March 31, 2023 was RMB13,967 million (US$2,034 million), an increase of 41%
compared to RMB9,887 million in the same quarter of 2022. The increase was
primarily due to the growth in revenue generated by Trendyol, Lazada and
AliExpress. The increase in revenue from Trendyol resulted from robust year-
over-year order growth and more efficient use of subsidies. The increase in
revenue from Lazada is driven by the continuous improvement in monetization
rate by offering more value-added services and the robust year-over-year order
growth. The increase in revenue from AliExpress was mainly driven by the
double-digit order growth of AliExpress, accelerated by the direct sales and
fulfillment service, with the launch of a new service Choice to global consumers.
International Commerce Wholesale revenue
•
Revenue from our International commerce wholesale business in the quarter
ended March 31, 2023 was RMB4,574 million (US$666 million), an increase of 3%
compared to RMB4,448 million in the same quarter of 2022.
Segment adjusted EBITA
International commerce adjusted EBITA was a loss of RMB2,330 million (US$339
million) in the quarter ended March 31, 2023, compared to a loss of RMB2,563 million
in the same quarter of 2022.
Business Highlight
•
Alibaba
During the quarter, AliExpress launched Choice, a new service to global
consumers. Choice offers consumers a curation of great value products across
an extensive range of categories. Consumers in selected countries enjoy free
shipping, free returns and quality delivery guarantees when placing orders on
Choice.
In Southeast Asia, Lazada recorded double-digit order growth year-over-year
during the quarter ended March 31, 2023. Through continuous improvement of
user engagement program to most of the markets, Lazada continued to increase
buyer base.
During the quarter, Trendyol mobilized its resources to provide aid and support
for those affected by the major earthquakes that struck Türkiye in February.
Year-over-year order growth rate in the quarter remained resilient, driven by
the normalization of the Turkish business from March onwards as well as the
strong order growth in new businesses.
Three months ended March 31,
Year ended March 31,
(in RMB Mn, except percentages)
International commerce retail
International commerce wholesale
2022
2023
YoY %
2022
2023
YoY %
9,887
13,967
41%
42,668
49,873
17%
4,448
4,574
3%
18,410
19,331
5%
Revenue
14,335
18,541
29%
61,078
69,204
13%
Adj. EBITA
(2,563)
(2,330)
9%
(8,991)
(5,620)
37%
9
Adj. EBITA Margin
(18)%
(13)%
(15)%
(8)%View entire presentation