Alibaba 2018 Three Quarter Results: Clothing As The Largest Category
Alibaba group released its financial performance in the third quarter of 2018. This quarter, Ali's business revenue reached 85 billion 148 million yuan, an increase of 54.5% over the same period. Net profit was 18 billion 241 million yuan, an increase of 4.8%. Non-GAAP net profit of 23 billion 453 million yuan, an increase of 6.2% over the same period. The group's revenue grew 54% this quarter, and core market business continued to show strong profits and cash flow growth. China retail market The annual active consumers reached 601 million, an increase of 25 million over last year.
Tmall Continue to expand the B2C market, the B2C platform continues to get the share of consumer wallet, reported that the physical commodity increased 30% in the current quarter, thanks to the increase of conversion rate and the increase of traffic volume. In terms of growth, clothing is the most powerful category, as well as fast moving consumer goods and household goods.
The Commission of luxury goods is down to 5%, according to World Wide Web technology. Alibaba and Jingdong To push their competition in the lucrative luxury market to a new level, including giving luxury brand image and price control rights, these platforms will provide customer data and draw Commission on consumption. Alibaba's highest Commission on luxury goods is up to 5%, which is basically the same as that of China's online shopping industry, but far below the level of 12 to 15% drawn by us or European electricity providers.
At present, Jingdong luxury platform Toplife has attracted LVMH rival to open cloud group, and its Paris family and Saint Laurent have been settled. Alibaba claims that it can acquire large amounts of Chinese consumer data in the world's largest luxury fashion market, and has strong local payment systems. As early as 2016, Alibaba disclosed the consumption scale of APASS members at least 30 billion yuan per year online shopping. According to the data, the APASS black card membership is about 1/10000 of the active members of the whole Alibaba, which means that the average black card consumption per year is over 600 thousand.
The luxury market in China has been infiltrated, and the forefront of the market has been occupied. Luxury brands are looking for more opportunities for growth, but are still vigilant against Alibaba and Jingdong. (author: Sun Huahua)
- Related reading
20 Years To Build Super 1 Billion Children'S Wear Empire To Achieve The First Story Of Domestic A Share Children'S Clothing And The Story Behind Ann'S "Anxiety"
|
Footwear Slowdown Clothing Repair Puma Puma Maintained High Growth Price Surged 10%
|
Lining's Revenue Or Breaking Billions Of Dollars, 28 Years Of Ups And Downs, And Finally Climbed Out Of The Trough!
|
- Commercial treasure | Clothing Store Decoration: Attract Consumers Into The Store Six Points To Note!
- Teach you to open a shop | JA Women's Clothing Shop Decoration Must See Shop Decoration Skills
- Successful case | How To Decorate The Women's Clothing Store?
- College students'Entrepreneurship | How Can A Clothing Store Choose The Right Berth?
- Business School | The Most Important Thing For HOKABR Sales Is To Attack.
- Commercial treasure | City Wardrobe Do These Six Points To Make You The Best Sales.
- Teach you to open a shop | How Should Clothing Shops Correctly Manage Store Employees?
- Entrepreneurial path | The 1 Million Clothing Sales Techniques That Let Costumes Go Crazy (Part One)
- Entrepreneurial path | The 1 Million Clothing Sales Techniques That Let Costumes Go Crazy (Part Two)
- Help you make money | What Details Do You Need To Pay Attention To During The Summer And Autumn Of 2019?
- The Strong Tyrant Man'S Clothing Lets You Model The Style To Have The Natural And Unrestrained Street.
- ABC KIDS Pony Star Changsha Railway Station, Invites You To Double Eleven West Lake Park Together Wave!
- No Good Bag, Even If You Wear Beauty Is No Use.
- Wear Them In Winter To Keep You Out Of Fashion.
- Prabal Gurung Comes From The Delicate Temptations Of Tribal Style
- He Bingxiang, An Underwear Group, Was Awarded The Title Of "The Leader Of Integrity Culture Construction Of National Textile Enterprises".
- The Same Is The International Market: The British Brand Is Fading Away.
- POLO Shirt, Jeans And Tennis Shoes: Changing American Fashion Clothes
- BELLE Is Changing: Where Is The Young People, Where Is BELLE?
- Sub Brand Ghosts And Tiger Tigers Performance Rose But Arthur's Three Quarter Sales Profits Declined Twice.