Alibaba Fourth Quarter Revenue Is Running Faster Than Expected.

For the development of fashion business, there is still potential for growth.

However, for the domestic electricity supplier giant Alibaba, the growth is obviously not enough, how to continue to deploy the market is the key.

It is reported that in the 2016 fiscal year ended March 31, 2016,

The total revenue recorded a growth of 38.8% to 24 billion 184 million yuan, exceeding the market expectation of 23 billion 220 million yuan, and the group's core profit rate EBITDA increased 34% to 11 billion 498 million yuan over the same period last year.

and

The revenue increased from 21.3% to 1 billion 985 million yuan.

Net profit rose to 85.2% yuan to 5 billion 314 million yuan, even though the market forecast of 5 billion 400 million yuan declined, but far better than the same period in the previous financial year.

Besides passing

After opening up the continuing impact of international business, last month, the group also spent $1 billion to acquire Lazada group, hoping to get through the business of Southeast Asia and influence the group business.

However, Alibaba has entered a comprehensive strategic plan for its international business and the layout of its overseas markets.

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Alibaba is cracking down on new tricks.

Starting from 20 this month, Taobao will punish luxury goods sold by platform businesses.

Luxury brand sellers need to provide relevant vouchers to prove that their products are not fake goods, otherwise they will be punished for coming off shelves and closing stores.

Taobao online part of the purchase of fake goods, often let consumers spend money wronged and bother.

In order to make users feel at ease, Taobao decided to renovate luxury brands from May 20th.

Taobao Bulletin shows that since May 20th, when publishing or editing luxury brand goods, merchants need to upload relevant vouchers, including invoices, shopping mall purchase tickets, brand authorization letters, etc., so that Taobao can audit.

After the verification and confirmation of the right person and Taobao, the merchant can release the commodity under the brand.

If the audit fails to pass or fails to submit credentials, businesses will not be able to issue corresponding products.

Purchasing sellers need to fill out the corresponding purchasing information before releasing the goods without spot.

In addition, after completing the purchase and delivery of goods, Taobao will ask for the relevant credentials of the goods again, otherwise, the relevant commodities will be deleted, and the funds may also be frozen.