reply Let the service link deeper and longer Ali globalization business steady growth

Alibaba Group's results for the fourth quarter and full year of fiscal 2022 have been announced, China Trade News reported on May 30. According to the above financial results, alibaba has reached 1.31 billion annual active consumers worldwide. Among them, the number of consumers in overseas markets increased by 64 million, breaking the 300 million mark, and the group's globalization strategy is accelerating.In January, Alibaba set up a new overseas digital commerce section. The financial results show that alibaba's overseas digital business segment has a steady growth in various businesses, the total order volume of international retail business increased by 34% year on year, and there are bright spots in the e-commerce platform layout in many regions of the world: Lazada's annual order volume increased by 60%, and its localization strategy achieved good results; Trendyol, an e-commerce platform in Turkey and the Middle East, grew 68%. Continuous investment in overseas basic service capacity building is an important strategy for Alibaba to support the long-term healthy growth of its global business in the future.In terms of cross-border and international logistics, relying on business scenarios in overseas consumer markets such as AliExpress, Lazada and Trendyol, Cainiao has continued to strengthen its international logistics compliance capability by enhancing its high-certainty compliance network consisting of eHub, trunk lines, sorting centers and last-mile delivery. The annual average daily volume of cross-border and international parcels is over 4.5 million.Financial reports show that in the past year, The "overseas" and global layout of Chinese businesses and brands has accelerated, and relevant data estimates that in the next 5-10 years, the overseas e-commerce market will increase by 4 trillion US dollars. In view of this opportunity, Alibaba has implemented multi-format, multi-platform and multi-brand layout in many regions of the world according to local conditions, and continuously accelerated the construction of overseas digital business system and basic service capacity to meet the globalization needs of various merchants and brands.In addition, cloud computing is another growth point of Alibaba's globalization business. As of March 31, Alibaba Cloud offered cloud computing services in 27 geographies worldwide, adding data centers in Indonesia, the Philippines, South Korea, Thailand and Germany in the past year alone.In terms of international wholesale business, in the past year, alibaba's revenue increased by 28% year-on-year, and the transaction volume completed by foreign trade smes on Alibaba's platform increased by 46% year-on-year. In terms of revenue structure, compared with traditional Internet advertising and marketing, supply chain digital value-added service revenue grew 38% year on year.Alibaba international station related person in charge of introduction, as one of the earliest business of the group, Alibaba International station by opening to more merchants precipitation for many years of digital foreign trade service capacity, accelerate the transformation into a digital foreign trade full-link service platform, resulting in a substantial increase in value-added service income."The core problem to be solved now and in the future is not only the acquisition of business opportunities. Service is the growth force, is the breakthrough of the future, we will help a wider range of businesses, for them to provide one-stop B2B services." Zhang Kuo, president of Alibaba International, said digital foreign trade is moving towards a high-quality era.Industry analysis believes that, in addition to the macro growth trend of China's export, benefiting from the launch of one-stop digital foreign trade solutions, Alibaba international station platform for merchants and overseas buyers of services, its depth and link become longer. At the same time, the upgrade to comprehensive foreign trade services also promoted the value-added service revenue to become the fastest growing part of the overall revenue structure of Alibaba international site. The change of the revenue structure of the international station in Alibaba's financial statements shows that the upgrading and transformation of Alibaba international station from matchmaking to digital foreign trade full-link service platform is accelerating. This process also provides further growth space for small and medium-sized businesses to trade across borders.