Alibaba Financial Report: International retail growth of 41%, exceeding expectations for three consecutive quarters
On May 18th, Alibaba Group announced its fourth quarter and full year results for the 2023 fiscal year. International business performance was impressive, with international retail revenue growing by 41%, exceeding expectations for three consecutive quarters
On May 18th, Alibaba Group announced its fourth quarter and full year results for the 2023 fiscal year. International business performance was impressive, with international retail revenue growing by 41%, exceeding expectations for three consecutive quarters.
According to the financial report, the overall order growth of international retail business in this quarter was 15%, with AliExpress, Lazada, and Trendyol retail businesses running neck and neck, all achieving double-digit growth.
This quarter, AliExpress officially launched a new service called "Choice" based on a fully hosted model, providing consumers with cost-effective product choices and better consumer services, further enhancing the consumer experience. After its launch, 'Choice' has become one of the main engines driving the double-digit growth of AliExpress orders.
Tag: Alibaba Financial Report International retail growth of exceeding expectations
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