Alibaba Group’s mission is to make it easy to do business anywhere.
We enable businesses to transform the way they market, sell and operate and improve their efficiencies. We provide the technology infrastructure and marketing reach to help merchants, brands, retailers and other businesses to leverage the power of new technology to engage with their users and customers and operate in a more efficient way.
Our businesses are comprised of China commerce, international commerce, local consumer services, Cainiao, cloud, digital media and entertainment, and innovation initiatives and others. In addition, Ant Group, an unconsolidated related party, provides digital payment services and offers digital financial services to consumers and merchants and other businesses on our platforms. An ecosystem has developed around our platforms and businesses that consists of consumers, merchants, brands, retailers, third-party service providers, strategic alliance partners and other businesses.
For the 12 months ended March 31, 2022, our global consumer-facing businesses generated RMB8,317 billion in GMV. Annual active consumers of Alibaba Group across the world reached approximately 1.31 billion for the 12 months ended March 31, 2022. This included over 1 billion consumers in China, a historic milestone, and 305 million consumers overseas.