AL
Alibaba
Platforms · NYSE BABA
Alibaba is China's commerce-and-entertainment backbone — Taobao and Tmall shopping habits fund Youku streaming and Alibaba Pictures, tying online spending to what China watches.
The commerce colossus that quietly became an entertainment power: beyond Taobao and Tmall, Alibaba owns streaming platform Youku and Alibaba Pictures, wiring China's shopping reflexes and its pop-culture appetite into the same ecosystem.
▼ 1.68% todayUSD 112.14
Culture surfaces · 6
In the news
Beijing vows to protect Chinese firms after EU hits Alibaba unit with fineSouth China Morning Post · Jul 22, 2026Alibaba vows to appeal US$629m EU fine for breaches of Digital Services ActSouth China Morning Post · Jul 20, 2026EU fines Alibaba’s AliExpress for counterfeit goods under DSA - CHOSUNBIZChosunbiz · Jul 20, 2026Alibaba slashes Qwen AI model price during US working hours in fight for usersSouth China Morning Post · Jun 24, 2026Alibaba weighs acquiring Pupu in quick-commerce battle with MeituanNikkei Asia · Jun 15, 2026Alibaba Bids $1.5 Billion for China Grocer in Meituan FightBloomberg.com · Jun 11, 2026
How Alibaba makes money
Alibaba shows up by owning what happens after discovery: the platform, community, commerce, or repeat habit people keep returning to.
By the numbers
RMB941BFY2024 revenue (~$130B)For the fiscal year ended March 2024, revenue rose 8% to RMB941.17 billion (US$130.3 billion).RMB93.2BTaobao & Tmall quarterly revenueThe core China commerce arm generated RMB93.22 billion (US$12.9 billion) in the March 2024 quarter, its largest segment.RMB25.6BCloud quarterly revenueCloud Intelligence Group brought in RMB25.6 billion (US$3.5 billion) in the March 2024 quarter, with AI product revenue up triple