2016 Letters to Shareholders from Alibaba CEO and Chairman

Jack Ma Letter

Daniel Zhang Letter

Some Updated Numbers,

  • Annual active buyers, who made at least one purchase in the previous year, have reached 430 million, up from 423 million as of March 2016.
  • Mobile revenues accounted for more than 75% of the total revenue in the most recent quarter.
  • More than 75% of users are 35 years old or younger.
  • Qianniu, the mobile app for merchants on Alibaba marketplaces, has more than 6 million daily business users.
  • Cainiao, the logistics network, processes more than 40 million packages a day on average.
  • Alibaba Cloud hosts 35% of total websites in China.

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