Earnings Presentation Q4 FY2023
Segment Results
Three months ended March 31, 2023
Local
China
International
consumer
Cainiao
(1)
(1)
commerce
commerce
services
Cloud
Alibaba
Digital
media and
entertainment
Innovation
initiatives
Unallocated (2) Consolidated
and others
(in RMB Mn, except percentages)
Revenue
136,073
18,541
Revenue YoY% Change
(3)%
Adjusted EBITA
38,487
29%
(2,330)
12,549
17%
(4,153)
13,619
18,582
8,273
563
208,200
18%
(2)%
3%
47%
N/A
2%
(319)
385
(1,102)
(1,830)
(3,858)
25,280
Adjusted EBITA YOY Change
6,253
233
1,415
593
109
864
622
(620)
9,469
(3)
Adjusted EBITA YOY% Change
19%
9%
25%
65%
39%
44%
25%
(19)%
60%
Adjusted EBITA margin
28%
(13)%
(33)%
(2)%
2%
(13)%
(325)%
N/A
12%
Revenue
Adjusted EBITA
Adjusted EBITA margin
Three months ended March 31, 2022
China
International
Local
consumer
Cainiao
(1)
(1)
commerce
commerce
services
Cloud
Digital
media and
entertainment
Innovation
initiatives
Unallocated (2) Consolidated
and others
(in RMB Mn, except percentages)
140,079
32,234
23%
14,335
(2,563)
(18)%
10,696
(5,568)
(52)%
11,582
(912)
18,971
276
8,005
384
(8)%
1%
(1,966)
(25)%
(2,452)
(639)%
(3,238)
N/A
204,052
15,811
8%
Notes:
(1)
Beginning on October 1, 2022, we reclassified the results of our Instant Supermarket Delivery () business, which was previously reported under China commerce segment, to Local consumer services segment
following the strategy refinement of Instant Supermarket Delivery business to focus on building customer mindshare for grocery delivery services through Ele.me platform. This reclassification conforms to the way that we
manage and monitor segment performance. Comparative figures were reclassified to conform to this presentation.
Unallocated expenses primarily relate to corporate administrative costs and other miscellaneous items that are not allocated to individual segments.
(2)
(3)
For a more intuitive presentation, widening of loss in YoY% is shown in terms of negative growth rate, and narrowing of loss in YoY% is shown in terms of positive growth rate.
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