Alibaba's annual e-commerce revenue FY 2015-FY 2025, by region

In the fiscal year ending March 31, 2025, the Chinese e-commerce corporation Alibaba Group recorded a revenue of around 449.8 billion yuan in Chinese online sales. This translates to approximately 62 billion U.S. dollars.

China's e-commerce market and Alibaba

In 2024, the gross merchandise volume of China's e-commerce market amounted to around 15.5 trillion yuan and was expected to grow further in the coming years. Some of the factors contributing to this growth are increased internet penetration and the ever-growing spending power of the general population, but also the expansion of e-commerce giant Alibaba Group.

The revenue of Alibaba Group reached 996 billion yuan (approximately 137 billion U.S. dollars) in the financial year 2025. Alibaba’s most prominent e-commerce websites include Taobao Marketplace, Tmall, cross-border e-commerce platforms AliExpress and Kaola.com, a developer of platforms for cloud computing and data management called Alibaba Cloud, as well as O2O fresh food service Freshippo. Its payment provider, Ant Group, formerly known as Alipay or Ant Financial, was spun off in 2014 into an independent company.

Singles' Day

The company’s most profitable day in the year is Singles' Day, a popular Chinese festival functioning like the antithesis of Valentine’s Day. On November 11, Chinese singles throughout the country celebrate being single and proud, especially by treating themselves with presents. During the Singles' Day sales in 2021, Alibaba's online retail platforms recorded a total GMV amounting to more than 84.5 billion U.S. dollars.