Alibaba international commerce at a glance
Alibaba International Digital Commerce Group, known as AIDC, runs the company marketplaces outside China: AliExpress, the Turkish platform Trendyol, the Southeast Asian marketplace Lazada and the business-to-business site Alibaba.com. In the fiscal year to March 2026, AIDC generated revenue of RMB144.2 billion (US$20.9 billion), up 9 percent, according to Alibaba annual results. That made it a business of similar size to Alibaba Cloud, and about 14 percent of group revenue.
For years, AIDC was Alibaba fastest-growing division, with revenue growth above 40 percent in 2023, funded by heavy losses. Since 2025, the figures show a clear shift from growth to profitability: losses have shrunk sharply and growth has slowed to single digits. This report covers AIDC revenue and profit by quarter and year and the changes in how Alibaba reports the business. It is part of our coverage of Alibaba statistics and facts.
- AliExpress: cross-border marketplace selling mainly Chinese goods to consumers worldwide.
- Trendyol: e-commerce platform in Turkey.
- Lazada: marketplace in Southeast Asia.
- Alibaba.com: global business-to-business wholesale marketplace.
- Alibaba does not publish separate revenue for each platform.
Annual revenue and profit
AIDC revenue rose 46 percent to RMB102.6 billion in FY2024 and 29 percent to RMB132.3 billion in FY2025, before slowing to 9 percent growth in FY2026, when it reached RMB144.2 billion. Over the same period the business moved from deepening losses towards break-even. Adjusted EBITA, Alibaba main segment profit measure, was a loss of RMB8.0 billion in FY2024 and RMB15.1 billion in FY2025, but the loss narrowed to RMB2.1 billion in FY2026.
Growth for profit: Revenue growth slowed from 46 to 9 percent while the annual loss shrank from RMB15.1 billion to RMB2.1 billion.
| Fiscal year | Revenue (RMB bn) | Growth | Adjusted EBITA (RMB bn) |
|---|---|---|---|
| FY2024 | 102.6 | +46% | -8.0 |
| FY2025 | 132.3 | +29% | -15.1 |
| FY2026 | 144.2 | +9% | -2.1 |
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The international business has grown in weight within Alibaba. AIDC revenue rose from about 11 percent of group revenue in FY2024 to about 13 percent in FY2025 and 14 percent in FY2026, according to BusinessStats calculations from reported figures.
Quarterly revenue
Quarterly revenue rose from RMB22.1 billion in the June 2023 quarter to a peak of RMB39.2 billion in the December 2025 quarter, which includes the Singles Day and Black Friday shopping seasons. In the March 2026 quarter, revenue was RMB35.4 billion, up 6 percent year on year.
Peak in December: International revenue reached RMB39.2 billion in the December 2025 quarter.
Growth slowed steadily. It was above 40 percent in every quarter from June 2023 to March 2024, peaking at 53 percent in the September 2023 quarter, then fell to around 30 percent in 2024, 19 percent in June 2025 and between 4 and 10 percent in the following three quarters.
From 53 percent to single digits: Revenue growth peaked in September 2023 and has slowed as Alibaba prioritised profits.
The road to break-even
Losses in the international business deepened through 2023 and 2024. Adjusted EBITA went from a loss of RMB0.4 billion in the June 2023 quarter to a loss of RMB5.0 billion in the December 2024 quarter. Losses then fell sharply: to RMB3.6 billion in March 2025 and just RMB0.1 billion in June 2025. In the September 2025 quarter, AIDC reported adjusted EBITA of RMB0.2 billion, its only profitable quarter in the period covered.
Near break-even: After losing RMB5.0 billion in December 2024, AIDC was close to break-even in most quarters from June 2025.
The improvement has not been completely smooth. In the December 2025 quarter, AIDC returned to a loss of RMB2.0 billion during the peak shopping season, before narrowing it to RMB0.1 billion in March 2026. For FY2026 as a whole, the loss was RMB2.1 billion, compared with RMB15.1 billion a year earlier.
New reporting from June 2026
From the June 2026 quarter, Alibaba stopped reporting AIDC as a separate segment. International marketplaces are now part of a new Alibaba E-commerce Group, which also contains Taobao, Tmall and quick commerce, and are reported as an International E-commerce revenue line. On the restated basis, international e-commerce revenue was RMB27.8 billion in the June 2026 quarter, down 1 percent year on year. Alibaba said AliExpress achieved an operating profit in the quarter. The China side of the business is covered in our report on Taobao and Tmall statistics.
- FY2024: revenue up 46 percent to RMB102.6 billion.
- FY2025: revenue RMB132.3 billion; adjusted EBITA loss RMB15.1 billion.
- September 2025 quarter: first quarterly adjusted EBITA profit in the series, RMB0.2 billion.
- FY2026: revenue RMB144.2 billion; loss narrowed to RMB2.1 billion.
- June 2026 quarter: AIDC folded into Alibaba E-commerce Group; AliExpress operating profit.
Competition in cross-border e-commerce
AliExpress competes with Temu, owned by PDD Holdings, and Shein in selling low-cost Chinese goods to consumers abroad, while Lazada competes with Shopee and TikTok Shop in Southeast Asia. Revenue at PDD is covered in our report on PDD Holdings revenue, TikTok Shop in TikTok Shop GMV, and the wider market in global e-commerce statistics and the largest online stores.
Outlook
The recent results suggest that profitability now comes before growth in the international business, and the merger into a single e-commerce group brings the China and overseas marketplaces under one management. Group-level results are in our report on Alibaba revenue, and the cloud business, which is now a larger growth driver, is covered in Alibaba Cloud statistics.
Alibaba international commerce in numbers
- AIDC revenue was RMB144.2 billion in FY2026, up 9 percent.
- Revenue growth slowed from 46 percent in FY2024 to 9 percent in FY2026.
- The adjusted EBITA loss narrowed from RMB15.1 billion in FY2025 to RMB2.1 billion in FY2026.
- The September 2025 quarter brought a profit of RMB0.2 billion.
- From June 2026, international marketplaces are reported within the Alibaba E-commerce Group.
- Alibaba last disclosed 305 million international consumers, for the year to March 2022.
Frequently Asked Questions
It is the Alibaba division that ran its marketplaces outside China, including AliExpress, Trendyol, Lazada and Alibaba.com. Since June 2026 it is reported within the Alibaba E-commerce Group.
AIDC revenue was RMB144.2 billion (US$20.9 billion) in the fiscal year to March 2026, up 9 percent from RMB132.3 billion.
Alibaba said AliExpress achieved an operating profit in the June 2026 quarter. The wider AIDC group made an adjusted EBITA loss of RMB2.1 billion in FY2026.
Growth slowed from 46 percent in FY2024 and 29 percent in FY2025 to 9 percent in FY2026. In the March 2026 quarter revenue grew 6 percent.
The adjusted EBITA loss was RMB8.0 billion in FY2024, RMB15.1 billion in FY2025 and RMB2.1 billion in FY2026.
No. Alibaba reports international commerce as one segment and does not break out revenue for individual platforms.
The last figure Alibaba disclosed was about 305 million annual active consumers outside China in the year to March 2022.
Alibaba reorganised its segments. International marketplaces became part of a new Alibaba E-commerce Group and are reported as an International E-commerce revenue line.
Alibaba Group - Results for the March quarter and fiscal year 2026, May 2026.
Alibaba Group - Results for the June quarter 2026, August 2026.
Alibaba Group - Results for the December quarter 2025, March 2026.
Alibaba Group - Results for the September quarter 2025, November 2025.
Alibaba Group - Results for the March quarter and fiscal year 2025, May 2025.
Alibaba Group - Results for the March quarter and fiscal year 2024, May 2024.
Alibaba Group - Results for the March quarter and fiscal year 2022, May 2022.