Annual revenue of Alibaba Digital Media and Entertainment Group FY 2022-FY 2024

Published by
Lai Lin Thomala,
Oct 24, 2024

In 2024, Alibaba Digital Media and Entertainment Group recorded an annual revenue of 21.15 billion yuan, showing a steady increase since 2022. Under the trend of digital transformation, the company leveraged their large existing user base and cloud AI technology to expand business connections in the field of culture and entertainment consumption. To strengthen its position, Alibaba has invested in original content and tried to enhance user experiences, which have also contributed to the group's competitive edge in China's digital landscape.

Annual revenue of Alibaba Digital Media and Entertainment Group from financial year 2022 to 2024

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Release date

April 2024

Region

China

Survey time period

FY 2022 to FY 2024

Special properties

financial year ending March 31

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of October 2024). 
Figures have been rounded for a better understanding.

Revenue from Digital Media and Entertainment Group is primarily generated from Youku and Alibaba Pictures, and includes revenue from membership fees, content investment income, customer management services, and ticketing services.

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