Alibaba Cloud Revenue

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

YearCloud Revenue (RMB Million)Cloud Revenue ($ million)
2022Â¥74,568$11,763
2021Â¥60,558$9,176
2020Â¥40,301$5,651
2019Â¥24,702$3,681
2018Â¥13,390$2,135
2017Â¥6,663 
2016Â¥3,019 
2015Â¥1,271 
2014Â¥773 
2013Â¥650 
2012Â¥515 
2011Â¥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.