Alibaba Health's revenue for the fiscal year 2023 was 26.76 billion yuan, with a profit of 530 million yuan

On May 24th, Alibaba Health released a full year performance announcement for the 2023 fiscal year on the evening of the 23rd. As of March 31, 2023, Alibaba Health had a revenue of 26

On May 24th, Alibaba Health released a full year performance announcement for the 2023 fiscal year on the evening of the 23rd. As of March 31, 2023, Alibaba Health had a revenue of 26.76 billion RMB, a year-on-year increase of 30.1%; The profit was 530 million yuan, turning losses into profits compared to the same period last year.

During the reporting period, Tmall Health's annual active users reached nearly 300 million, serving over 28000 merchants, an increase of 2000 compared to the end of the previous fiscal year. The annual active consumers of Alibaba Health's online self operated store exceed 130 million, and the number of self operated users and members has reached 75 million, a year-on-year increase of 47.4%. There are nearly 200000 licensed physicians, licensed pharmacists and dietitian who have signed contracts with Ali Health to provide online health consulting services, an increase of more than 40000 compared with the end of last fiscal year, and the average daily online consultation service volume exceeds 400000.

Alibaba Health Chairman and CEO Zhu Shunyan stated: Adhering to the original intention of making medical health inclusive and accessible, Alibaba Health closely revolves around users' medical and health needs, connecting a one-stop medical and health service system that combines online and offline. Relying on leading digital technology and operational capabilities, with 'cloud infrastructure' as the foundation, 'cloud pharmacies' as the core, and' cloud hospitals' as the engine, Alibaba Health provides affordable, convenient, efficient, and safe medical and health services for billions of households

During the reporting period, Alibaba Health Pharmaceutical's self operated business revenue was 23.59 billion yuan, a year-on-year increase of 31.7%. In terms of warehousing and logistics, Alibaba Health has achieved a distribution network of 22 locations and 39 warehouses.

As of the end of the reporting period, Tmall Health's annual active users have reached nearly 300 million, and the per capita annual consumption of health products continues to rise. In the past three years, Tmall Health has incubated 10 tracks with a scale of over 5 billion yuan, including colored contact lenses, blood sugar products, medical dressings, and moxibustion and mugwort products.

In terms of medical and health services, the number of chronic disease users served by Alibaba Health this fiscal year has reached nearly 9 million, a year-on-year increase of 35%. Ali Health Internet Hospital has established patient management capabilities in 17 core disease areas, including respiratory department, Shennei, hepatitis B, and enteral nutrition.

During the reporting period, Alibaba Health continued to improve the full chain experience before, during, and after vaccination, expanding the supply of high-quality vaccine services. Through cooperation with thousands of vaccination institutions, it has provided vaccine science education, time-sharing appointments, and other services to tens of millions of users.

In terms of traditional Chinese medicine services, as of March 31, 2023, Xiaolu Traditional Chinese Medicine has over 100000 registered traditional Chinese medicine practitioners, and the dispensing center has covered 25 provinces and municipalities directly under the central government.

During the reporting period, the revenue from healthcare and digital services reached RMB 930 million, a year-on-year increase of 45.7%. (One Orange)