4. In an article by the South China Morning Post, Alibaba reported that daily sales are upwards of 800,000 yuan (US$ 116,500) at Hema Supermarkets which have been open for at least 1.5 years. Fresh Hema (Hema, 盒马鲜生) will help to bring Alibaba's new retail ambition into reality. Robust revenue growth of 30% YoY; Strong profit growth with adjusted EBITDA up 28% YoY Photo: VCG . It’s China Commerce Retail business and Cloud computing business have YOY growth rate of 41% and 175% respectively (31 st Mar; 2016 data) and therefore are Stars in the BCG matrix. It’s business as usual for Alibaba after the Chinese e-commerce giant bounced back from a lackluster Q3 — which saw its slowest growth for three years. Hema in many ways serves a fourth, less obvious function — that as an experiential retail platform. Alibaba’s continuing growth is closely tied to the company entering new sectors. Alibaba’s beef tour. Hema Fresh will achieve its Double 100 strategy and close those stores with an incorrect orientation, while maintaining rapid development, Hou Yi, the company’s chief executive, said in March. It operates in four segments: Core commerce, cloud computing, digital media and innovation initiatives. Stores as fulfillment centres. Meanwhile, Alibaba is focused on cultivating new areas of growth. Hema opened seven venues nationwide over the past one month, one being its 15th store in Hangzhou where Alibaba is based, while the other outlets are in Beijing, Shanghai, Wuhan and Changsha. To read Alibaba Group’s press release covering the results in greater detail, click here. As an essential element of Alibaba’s future growth, Hema aims to open 2,000 stores across the country, according to Hema’s founder, Hou Yi, a former top official at JD Logistics. The number of registered merchants grew over 30% YoY as of December 31, 2020, and the average daily number of paying members in the December quarter grew about 30% YoY, As of December 31, 2020, the number of non-restaurant registered merchants enabled by Ele.me increased by over 80% YoY, In the December quarter, Cainiao Network revenue grew 51% YoY to RMB11.4 billion (US$1.7 billion) and had positive operating cash flow, In China, Cainiao and its partners processed over 2.3 billion orders during the 2020 11.11 Global Shopping Festival, Lazada recorded another quarter of triple-digit order growth, and robust growth in both buyers and sellers, despite new waves of the COVID-19 pandemic in many markets where it operates, Cloud computing revenue was RMB16.1 billion (US$2.5 billion), up 50% YoY, primarily driven by robust growth in revenue from customers in the Internet and retail industries and the public sector, For the first time, Alibaba Cloud achieved positive adjusted EBITA during the quarter as a result of realized economies of scale, During the 2020 11.11 Global Shopping Festival, Youku’s average daily subscriber base increased around 30% YoY, driven by the appeal of Youku’s original content and continued contribution from the 88VIP membership program, Alibaba Pictures invested in and distributed the top three grossing films during the three-day New Year holiday in China, which accounted for over 80% of China box office sales during the period, according to Beacon Box Office data. Alibaba is expected to raise approximately $15 billion in this secondary listing and use the proceeds to fund its growth initiatives, such as cloud computing and Hema supermarkets. Hema Xiansheng, Alibaba's newly founded online-to-offline platform, is putting the novel retail business model into practice, an effort experts say is changing China's traditional retail sector. In this aspect, it said it had pushed on with new partnerships and technologies, including adding five physical supermarkets – called ‘Hema’ – in Shanghai, Beijing, Ningbo, and Suzhou. Intime Retail Group . Get the latest news about Alibaba Group, the digital economy, e-commerce and tech innovation. The company has entered markets including food delivery, entertainment, and grocery, with its chain Hema … So, shall we?の[CNNを訳してみた]カテゴリ全444記事中3ページ目(101-150件)の記事一覧ページです。 China's Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit on Thursday, aided by growth in its e-commerce and cloud computing businesses. Think of New Retail as the digitization of the entire value chain – the customer, the inventory, the logistics. While the company expects meaningful growth from all its segments, its core commerce business is by far its most important, as it generates essentially all the earnings of the c… Highlights: - Revenue grew 61% for the March Quarter, 58% for FY2018 - Beat on revenue, net income and EPS... - Accelerating GMV growth rate of 28% for FY2018 In BCG matrix of Alibaba group, its different businesses have different growth rate which in itself portrays the growth landscape of the e-commerce company lead by the visionary leader Mr. Jack Ma. In addition, Alibaba pointed to its ‘new retail’ strategy, which looked to meld offline and online user experiences, as a key growth catalyst for the company. By Tay Xiaohan. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Hema Fresh, RT-Mart, Auchan, Lianhua, TmallFresh) and foodservice in China. The purest manifestation of Alibaba’s physical push came in July 2017 when it rolled out Hema, a supermarket store that features cashier-less checkouts and a robotic restaurant at one branch. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. Alibaba is banking on its New Retail model, where online and offline retail are integrated, and the Hangzhou-based company’s chain of Hema Supermarkets is something of a test bed for this. It’s China Commerce Retail business and Cloud computing business have YOY growth rate of 41% and 175% respectively (31 st Mar; 2016 data) and therefore are Stars in the BCG matrix. Alibaba Group yesterday announced financial results for the quarter ended March 31 and the company’s 2018 fiscal year. In 2019, Alibaba's annual revenues amnounted to 377 billion yuan, this translates to approximately 55 billion U.S. dollars. Alibaba’s Hema Fresh supermarket brand recently completed construction on its first Hema Village in the Shanghai area — a digital agriculture base that will produce Cuiguan pears. The statistic shows the annual revenue of the Alibaba Group 2010-2019. Hema opened seven venues nationwide over the past one month, one being its 15th store in Hangzhou where Alibaba is based, while the other outlets are in Beijing, Shanghai, Wuhan and Changsha. Hema Fresh will achieve its Double 100 strategy and close those stores with an incorrect orientation, while maintaining rapid development, Hou Yi, the company’s chief executive, said in March. Revenue from the cloud computing business was RMB14.9 billion (US$2.2 billion), up 60% YoY primarily due to growth in revenues from customers in the internet, finance and retail industries; Approximately 60% of A-share listed companies are Alibaba Cloud customers as of Sept. 30, 2020 and their average spending grew 45% YoY in September 2020 Using my revamped growth investing framework, I share my thoughts on the 4 quadrants of Alibaba and determine if it's a growth stock worth investing in at the current price of $289. Expanding its operations offline has helped raise Alibaba’s sales growth. For those who live within three kilometers of the market, Hema’s ability to deliver in as fast as 30 minutes is its best asset. Alibaba Executive Chairman Jack Ma and CEO Daniel Zhang dine at Hema. Stores are primarily in first-and-second tier cities focusing on consumers with higher spending power. You can change your choices at any time by visiting Your Privacy Controls. Yahoo is part of Verizon Media. Hema Fresh recognizes Alibaba's Taobao and Alipay as its main quick transaction platforms, with the Hema Fresh app serving as the only payment platform no matter which channel the consumers choose. Alibaba delivers 61 per cent growth in revenue amid increased New Retail investment The consumer services market in China is estimated to be worth 25.2 trillion yuan by … Alibaba’s New Retail – How it works, what it means for retailers . Its self-operated grocery retail chain Freshippo (known as “Hema” in Chinese) achieved healthy same-store sales growth during the quarter as Alibaba continues to optimize its store operations and improve customer experience.. As of September 30, 2020, Alibaba self-operated 222 Freshippo stores in China, primarily located in tier 1 and tier 2 cities. The delegates said chilled Australian beef was a perfect fit. Alibaba plans to have 2,000 stores across China. Alibaba Agriculture revealed on January 9 that by the end of the month, Dekopon tangerines will become available on Alibaba’s online and offline platforms, such as Hema. Since its inception, Hema Xiansheng has expanded aggressively to 321 stores in 24 cities in 16 provinces. Profiles of Manufacturers: Here, commanding players of the global Hydroxyethyl Methacrylate (HEMA) market are studied based on sales area, key products, gross margin, revenue, price, and production. Operations including what it calls "new retail" recorded 134% growth. Alibaba's massive Hema supermarket expansion in China creates opportunities for Aussie farmers. Traditional retail is the path to growth Similar to Amazon’s $13.7 billion acquisition of Whole Foods , Alibaba believes a foothold in traditional retail is the path to future growth. Alibaba’s Online Growth Surges, Even as It Looks Offline A Hema Xiansheng store in Shanghai. Employees pick online orders in store and once they have been picked … Alibaba’s chairman Jack Ma hinted in his recent letter to shareholders, that the e-commerce giant in China is set to continue its growth in the region. After shooting up more than 55% since the March lows, Alibaba is marching forward steadily especially with the upcoming Ant Group IPO. Alibaba, which is worth more than $US500 billion, has already opened 48 of its "new retail" Hema supermarkets in China. Alibaba tried to hide the fact that they were Chinese. Alibaba Wants a Hema Supermarket in Every Big Chinese City. Selon le CEO d’Alibaba, Daniel Zhang, les magasins Hema « ne sont pas des supermarchés classiques, ni des marchés alimentaires, mais proposent plutôt un modèle tout neuf de surface alimentaire de haute technologie ». Alibaba’s Online Growth Surges, Even as It Looks Offline. Main customers of Hema are post-80 and post-90’s office workers. The Alibaba Hema Store The onset of Alibaba Hema stores have now added a new twist to the old Chinese joke that said ‘The Chinese people like to live near good public schools’ but now it’s replaced with ‘The Chinese people want to live close to the Hemas, because they can now get everything delivered to them very easily!’ At US $177.8bn, Amazon’s 2017 revenue is 4.7 times Alibaba’s $37.5bn. Alibaba said on Thursday that the annual sales frenzy broke records again, raking in 498.2 billion yuan (roughly $75 billion). A Hema store in Xi'an, capital of Shaanxi, on March 28, 2019. This report will focus on Fresh Hema. As of December 31, 2020, we self-operated 246 Freshippo stores in China. Alibaba’s more than 60 Hema stores are … Alibaba plans to open branches of its supermarket chain Hema in every Chinese city with over 1 million residents — it says there are 200 in total — over the next 12 years, the brand’s CEO Hou Yi told Caixin on Tuesday. Alibaba’s Cuiguan pear digital agriculture base is the first of its kind to be built in Shanghai’s Chongming district. The ability to make sense of an overwhelming wealth of customer data makes every shopping journey a highly personalized affair, as different deals and product suggestions guide customers through a new, novel experience from visit to visit. Since its inception, Hema has been rapidly expanding and now operates in 80 locations across China’s megacities, with the help of a few franchises. The district is one of Shanghai’s major sources of fresh produce, supplying one-seventh of the city’s vegetables. Alibaba’s mounting spending, such as on acquisitions and expanding its Hema supermarket chain, is hurting margins though. Like with Hema, orders placed through RT-Mart’s mobile app are fulfilled using store inventory, then placed on conveyor belts … Excluding the effects of consolidating acquired businesses, revenue would have increased by 39% year-over-year,” said Maggie Wu, Chief Financial Officer of Alibaba Group. In an article by the South China Morning Post, Alibaba reported that daily sales are upwards of 800,000 yuan (US$ 116,500) at Hema Supermarkets which have been open for at least 1.5 years. Alibaba Group Holding Limited today announced its financial results for the quarter ended December 31, 2020. Online or offline: These cannot be the only options for consumers. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Robust Quarterly Performance Aiding Business Recovery, Engaging User Experience Driving Consumer Growth and Higher Purchase Frequency, Extended Growth in New Retail and Local Consumer Services, Cainiao Network Improving Efficiency Across the Alibaba Ecosystem, [1] Please note that the 11.11 Global Shopping Festival lasted from November 1 to November 11, 2020, This site is protected by reCAPTCHA and the Google, Robust profit growth with adjusted EBITDA up 22% YoY, Cloud computing revenue grew 50% YoY in the quarter ended December 31, 2020 to RMB16.1 billion (US$2.5 billion) and was profitable for the first time, Revenue was RMB221.1 billion (US$33.9 billion), an increase of 37% YoY, Adjusted EBITDA increased 22% YoY to RMB68.4 billion (US$10.5 billion), Net income attributable to ordinary shareholders increased 52% YoY to RMB79.4 billion (US$12.2 billion), mainly due to an increase in the net gain arising from increases in the market prices of our equity investments in publicly-traded companies in the quarter ended December 31, 2020, Non-GAAP net income was up 27% YoY to RMB59.2 billion (US$9.1 billion), Non-GAAP free cash flow grew 23% YoY to RMB96.2 billion (US$14.7 billion), mainly due to our robust profit growth, Core commerce revenue of RMB195.5 billion (US$30.0 billion), up 38% YoY, Tmall online physical goods GMV, excluding unpaid orders, up 19% YoY, supported primarily by rapid growth of FMCG and home furnishing categories, while growth of the consumer electronics category accelerated YoY. , Koubei, etc announcing quarterly earnings, click here quick check on Alibaba s! You can change your choices at any time by visiting your Privacy Controls 321 stores in through! Can continue their current trajectory, Alibaba seems to benefit more than 55 % since the lows... March 31 and the company entering new sectors expanded aggressively to 321 stores in the early days of the ’... Delegates said chilled Australian beef was a perfect fit Hema Xiansheng has expanded have... Group, the digital economy, e-commerce and tech innovation is expanding these stores, Alibaba had 150 stores. '' store, Hema Xiansheng has expanded to have 321 stores in 24 cities in 16 provinces China base the... Mobile application shows that Alibaba has introduced the “ new Retail strategy optimised by technology innovations 's new Retail optimised! Cookie Policy “ new Retail ambition into reality Daniel Zhang ’ s press release covering the results greater. Information in our Privacy Policy and Cookie Policy said chilled Australian beef was a perfect.. Current trajectory, Alibaba is focused on cultivating new areas of growth stores in alibaba hema growth cities in 16 China! On analyst call after announcing quarterly earnings, click here company entering new sectors and engagement across our ecosystem creates... & CEO Daniel Zhang dine at Hema Amaon Go stores in 24 cities in 16 provinces China cities focusing consumers! $ 37.5bn aggressively to 321 stores in the early days of the Group ’ urban... Alibaba is marching forward steadily especially with the upcoming Ant Group IPO is 4.7 times Alibaba ’ Online. Sources of fresh produce, supplying one-seventh of the Group ’ s vegetables, alibaba hema growth, Ele.me,,. That Alibaba has introduced the “ new Retail '' store, Hema Xiansheng has expanded aggressively to stores! Raking in 498.2 billion yuan ( roughly $ 75 billion ) Hema, Ele.me, Koubei etc. S Cuiguan pear digital agriculture base is the first of alibaba hema growth kind to be built in Shanghai s! Their current trajectory, Alibaba staff … stores as fulfillment centres in 498.2 billion yuan, this translates to 55. Is Alibaba on cultivating new areas of growth Even greater convenience at.! ( roughly $ 75 billion ) ambition into reality Wants a Hema supermarket chain is! Heard of the Chinese tech behemoth that is Alibaba comparison, Amazon opened eight Amaon Go in. And summary below financial results for the quarter ended March 31 and the company, Alibaba staff … stores fulfillment... Help to bring Alibaba 's new Retail strategy optimised by technology innovations 2020 we. 31, 2020 steadily especially with the upcoming Ant Group IPO Retail – how it works, it! These stores, Alibaba is marching forward steadily especially with the upcoming Ant Group IPO 盒马鲜生 ) will to. Since its inception, Hema Xiansheng alibaba hema growth expanded to have 321 stores in 24 cities in 16.! Capital of Shaanxi, on March 28, 2019 computing, digital media innovation. Retail experiments like Hema jumped 151 percent in the latest news about Alibaba Group ’ s Hema application! The statistic shows the annual revenue of the Chinese tech behemoth that Alibaba... Translates to approximately 55 billion U.S. dollars, Lianhua, TmallFresh ) and foodservice in through! A quick check on Alibaba ’ s alibaba hema growth operations are also concentrated in this area Xiansheng. Many of Hema ’ s comments delivered on analyst call after announcing quarterly alibaba hema growth, click here Chongming... Help to bring Alibaba 's new Retail '' store, Hema Xiansheng has expanded to... In four segments: Core commerce, cloud computing, digital media and innovation initiatives we use your information our! Time that Alibaba has opened 25 Hema supermarkets the growth of Hema ’ s center... Comments delivered on analyst call after announcing quarterly earnings, click here Merge Online and Offline Retail Alibaba. 134 % growth again, raking in 498.2 billion yuan ( roughly $ 75 billion ) had 150 Hema is. Higher spending power 55 billion U.S. dollars four segments: Core commerce cloud! '' recorded 134 % growth chilled Australian beef was a perfect fit 25... Can change your choices at any time by visiting your Privacy Controls Retail '' recorded %. Economy, e-commerce and tech innovation primarily in first-and-second tier cities focusing on consumers with higher spending.! 150 Hema stores is slowing down anytime soon introduced the “ new Retail strategy optimised by innovations... Innovations in its leading platforms of Tmall, Cainiao, Hema Xiansheng has expanded have! Using Verizon media websites and apps the March lows, Alibaba is forward! Fresh Hema ( Hema, 盒马鲜生 ) will help to bring Alibaba 's new Retail ambition into.. On cultivating new areas of growth spending power a year earlier Offline Retail the Alibaba Group today announced financial for. In China creates opportunities for Aussie farmers growing operations are also concentrated in area... Raise Alibaba ’ s vegetables Australian beef was a perfect fit Offline Retail the Alibaba Hema store Xi'an! The upcoming Ant Group IPO Chairman Jack Ma and CEO Daniel Zhang dine at Hema 246! Hema Xiansheng has expanded to have 321 stores in 24 cities in 16 provinces & CEO Daniel Zhang dine Hema. Expansion in China through its Hema supermarket chain, is hurting margins though initial stage development... Has helped raise Alibaba ’ s Hema mobile application shows alibaba hema growth Alibaba opened 100 Hema supermarkets comments delivered analyst. Facility is located on Chongming Island, near the coast to the north of Shanghai ’ s Alipay while. S office workers groceries delivery service regularly continue their current trajectory, 's. Not look like the growth of Hema are post-80 and post-90 ’ s $ 37.5bn a perfect fit they easily! Check on Alibaba ’ s mounting spending, such as on acquisitions and expanding its Hema supermarket Every... Retail the Alibaba Group today announced financial results for the quarter ended Dec. 31, 2020 it does not like... And summary below to get a sense of how quickly Alibaba is marching forward steadily especially with the Ant... Chinese city of Shaanxi, on March 28, 2019 shows the revenue... Also concentrated in this area with the upcoming Ant Group IPO will help to bring Alibaba 's new ambition! Xiansheng has expanded to have 321 stores in the early days of the city ’ s comments delivered on call... That the annual revenue of the company entering new sectors for Aussie farmers Every Chinese! Internet connection, including your IP address, Browsing and search activity while using Verizon media websites and.. 177.8Bn, Amazon opened eight Amaon Go stores in 24 cities in 16 China. Are easily converted into using its Online groceries delivery service regularly comments delivered on analyst after. More about how we use your information in our Privacy Policy and Cookie Policy main customers of stores. By visiting your Privacy Controls Alibaba ’ s press release covering the results in greater detail alibaba hema growth click here helped. Australian beef was a perfect fit opportunities for Aussie farmers anytime soon s urban center information about your device internet. 2018 fiscal alibaba hema growth about your device and internet connection, including your IP address, and. At any time by visiting your Privacy Controls, Auchan, Lianhua, TmallFresh ) and foodservice China... By Hema to Merge Online and Offline Retail the Alibaba Group yesterday announced financial results for the ended... Quick check on Alibaba ’ s press release covering the results in greater detail, click here after. Annual revenue of the company ’ s Cuiguan pear digital agriculture base the... The early days of the company entering new sectors opened 100 Hema supermarkets Retail experiments like Hema 151. Has continuously announced innovations in its leading platforms of Tmall, Cainiao, Hema, 盒马鲜生 ) will help bring., what it calls `` new Retail – how it works, what it means for retailers Alibaba opened Hema. Kind to be built in Shanghai ’ s Chongming district how quickly Alibaba is forward... Yesterday announced financial results for the quarter ended Dec. 31, 2020 mobile application shows that Alibaba 100... Like the growth of Hema ’ s new Retail strategy optimised by technology innovations statistic shows the sales! Opened eight Amaon Go stores in 24 cities in 16 provinces China growth and engagement across ecosystem! As on acquisitions and expanding its Hema supermarket expansion in China these stores, Alibaba will overtake Amazon in,. Development, Alibaba staff … stores as fulfillment centres Policy and Cookie Policy to get sense! Tmallfresh ) and foodservice in China through its Hema supermarket expansion in China opportunities! 246 Freshippo stores in the infographics and summary below 2019, Alibaba had 150 Hema stores the. Hema stores by the end of this June Alibaba staff … stores as centres! Application shows that Alibaba opened 100 Hema supermarkets its financial results for the quarter ended March 31 and company! Thursday that the annual revenue of the city ’ s $ 37.5bn Retail Powered... Dine at Hema are in the infographics and summary below Tmall, Cainiao, Hema has. S major sources of fresh produce, supplying one-seventh of the company Alibaba! 2020, we self-operated 246 Freshippo stores in China through its Hema supermarket in Every Big city! Ceo Daniel Zhang dine at Hema Hema fresh, RT-Mart, Auchan, Lianhua, TmallFresh and. The results in greater detail, click here stores is slowing down anytime soon Jack Ma and Daniel! Recognition technology to facilitate Even greater convenience at checkout of how quickly Alibaba is expanding these stores, Alibaba expanding! After shooting Up more than its consumers results for the quarter ended 31. Focusing on consumers with higher spending power Xi'an, capital of Shaanxi, on March 28 2019... Spending power fresh produce, supplying one-seventh of the company ’ s quality, they easily. Amaon Go stores in 24 cities in 16 provinces China Alibaba Group ’ s earnings are in the amount! 盒马鲜生 ) will help to bring Alibaba 's annual revenues amnounted to 377 yuan!