[Global Cloud Observation | Daily Highlights]Alibaba released its financial results for the third quarter of fiscal 2022, which ended on December 31, 2021. Quarterly revenue was RMB 242.580 billion (approximately US$38.066 billion), a year-on-year increase of 10%. Net profit was 19.224 billion yuan, down 75% year-on-year. Not calculated according to the US GAAP, the net profit was 44.624 billion yuan, down 25% year-on-year. Among them, the revenue of cloud computing business was 19.539 billion yuan, a year-on-year increase of 20%.
It can be seen from the latest financial report that Alibaba Cloud’s quarterly revenue growth continues to slow down. Alibaba Cloud’s revenue growth in 2022Q2 last fiscal quarter was slightly better, with revenue of 20.007 billion yuan, a year-on-year increase of 33.12%. In the last fiscal quarter, 2022Q1, Alibaba Cloud’s revenue was 16.051 billion yuan, a year-on-year increase of 30.02%. In the last fiscal quarter 2021Q4, Alibaba Cloud’s revenue was 16.761 billion yuan, a year-on-year increase of 37%.
It can be seen that for four consecutive fiscal quarters, from Q4 of fiscal year 2021 to Q3 of fiscal year 2022, that is, in the natural year of 2021, the average quarterly growth of Alibaba Cloud has basically remained at around 30%, which is a significant change compared to the previous years. It’s a bit slower. This has something to do with the fact that Alibaba Cloud’s overall annual revenue has reached 60 billion yuan. After all, the scale base is larger, and the challenges of growth are even greater. More importantly, the growth of the entire public cloud market has not shown the same level as before. high speed for several years.
After the public cloud market has entered a relatively mature period, the growth rate of public cloud manufacturers has slowed down, and the opportunities for growth of various public cloud manufacturers have decreased significantly. .
（by Aming）
– END-
you
How
what
Look
？
Comments at the end of the article are welcome!
【Global Storage Observation | Technology Description】Focus on the analysis of technology companies, speak with data, and show you the technology. This article and the author’s replies represent personal views only and do not constitute any investment advice.Return to Sohu, see more
Editor:
Disclaimer: The opinions of this article only represent the author himself, Sohu is an information publishing platform, and Sohu only provides information storage space services.