Revenue from Alibaba's Cainiao logistics services FY 2020-FY 2024

Published by
Yihan Ma,
Dec 20, 2024

Alibaba Group's logistics service subsidiary Cainiao generated around 99 billion yuan in the fiscal year 2024. In 2023, Cainiao was listed as one of the five most valuable unicorns in China.

Revenue generated by Alibaba Group's Cainiao logistics services and supply chain management from fiscal year 2020 to fiscal year 2024 (in million yuan)

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Release date

May 2024

Region

China

Survey time period

FY 2020 to FY 2024

Special properties

fiscal year ending March 31

Supplementary notes

One yuan equals to approximately 0.14 U.S. dollars and 0.13 euros (as of August 2024). 

The source has adjusted the figures for FY 2022 and FY 2023 to reflect its reorganization and reclassification of revenue.

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