The chart above displays the cloud revenue of Alibaba group from 2011 to 2022 in millions of RMB.
The cloud revenue of China based Alibaba group increased by more than $2.5 billion in 2022 compared to the prior year. In 2022, the China based ecommerce and cloud technology business generated $11,763 million or ¥74.6 billion in cloud revenue compared to $9,176 million in the prior year. Its cloud revenue remained 9% of its total net revenue in 2022 compared to 8% in the prior year.
Cloud revenue of Alibaba Group of China 2011 – 2022
Year | Cloud Revenue (RMB Million) | Cloud Revenue ($ million) |
2022 | ¥74,568 | $11,763 |
2021 | ¥60,558 | $9,176 |
2020 | ¥40,301 | $5,651 |
2019 | ¥24,702 | $3,681 |
2018 | ¥13,390 | $2,135 |
2017 | ¥6,663 | |
2016 | ¥3,019 | |
2015 | ¥1,271 | |
2014 | ¥773 | |
2013 | ¥650 | |
2012 | ¥515 | |
2011 | ¥425 |
Alibaba group’s net revenues from cloud technology in 2021 reached $9,176 million compared to $5,651 million in 2020. Its cloud revenues were 8% of its total net revenues in 2021 compared to 8% in 2020 and 7% in 2019. The company generates a substantial part of its net revenues from ecommerce. Its revenue from ecommerce was 87% of its total net revenues in 2021 compared to 86% in 2020 and 2019.
Cloud computing revenue of Alibaba group reached RMB24,702 million or $3,681 million in 2019. In 2018, the cloud computing revenue of Alibaba group was RMB 13,390 million or $2,135 million.
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