Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! According to CTOnews.com news on July 21, Alibaba today released its 2023 results on the Hong Kong Stock Exchange. According to the financial report, in the 2023 fiscal year ending March 31, Alibaba's international retail business revenue reached 49.873 billion yuan, an increase of 17 percent over the same period last year, while Cainiao business revenue reached 55.681 billion yuan, an increase of 21 percent over the same period last year.

▲ picture source Alibaba financial report comparing the list of Alibaba partners in the past two years, we can find that under the eye-catching performance of overseas e-commerce and Cainiao, international digital commerce group CEO Jiang Fan and Cainiao Group CEO Wan Lin have become Ali partners, and Jiang Fan has served as a director of three business groups. An internal employee of Ali said it was "natural" for the two to become partners.

CTOnews.com previously reported that Alibaba Group had revenue of 868.687 billion yuan in the 2023 fiscal year ended March 31, an increase of 2 per cent over the 2022 fiscal year.

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