On May 13, Alibaba announced the fourth quarter and full year results of fiscal year 2021. The total trading volume of ecosystem goods was 8.119 trillion yuan, with an annual increase of 15.1%. The number of monthly live users was 925 million, with an increase of 23 million in the quarter and 79 million in the year.
At the performance presentation meeting later,
On April 10, 2021, according to the provisions of Articles 47 and 49 of the anti monopoly law, taking into account the nature, extent and duration of Alibaba Group's illegal acts, the General Administration of market supervision made a decision on administrative punishment in accordance with the law, ordering Alibaba group to stop its illegal acts and imposing a fine of 455.712 billion yuan 4% of its sales in China in 2019, 18.228 billion yuan.
Zhang Yong also said,Alibaba has decided to invest more firmly in the new fiscal year, putting all the new profits brought by business growth into key strategic areasIt includes technological innovation, business support and business cost reduction, user growth and experience improvement, commodity and supply chain capabilities, infrastructure construction and new business expansion.
Alibaba expects that this part of the new profits will be huge, so the investment will be highly targeted and orderly, aiming to fully explore the potential of the market and bring unique value to consumers and businesses.
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