Rookie network was 10 billion yuan of financing Ali still holds a stake of $47%

Abstract: Alibaba Earnings Disclosure’s rookie network growth, completed the financing of tens of billions of dollars in the past fourth quarter. Reported that the successful financing has verified the business model and the future potential of the rookie network.

Beijing time on May 5th, Alibaba (NYSE:BABA) released the 2016 fiscal year fourth quarter and full year earnings. Alibaba group revenue grew 39% to reach $24 billion 184 million yuan, platform turnover grew by 24%, reaching RMB 742 billion yuan.

The results also revealed the

Alibaba’s rookie network growth, completed the financing of tens of billions of dollars in the past fourth quarter. Reported that the successful financing has verified the business model and the future potential of the rookie network.

logistics aging upgrade

was established less than 3 years, the current logistics lines rookie network with partners has covered 224 countries and regions around the world, and China’s 2800 counties. More than 70% of China’s express packages are running on the rookie data platform.

results show that in the rookie network and partners efforts, courier aging significantly improved. As of March 31st, 13 of consumers in the online shopping city National Day will be able to enjoy the ultimate experience of logistics delivery, the city including Beijing, Shanghai, Guangzhou, Tianjin, Chengdu, Hangzhou City, 7 more than in 2015 Q4. Over the same period to achieve on time the city has reached 88.

rookie to day next day service quickly covering more than one hundred Chinese City, with more than a year to complete 10 years of work in other companies. This is the rapid improvement of the efficiency of the entire electricity supplier logistics warehouse distribution system optimization, and the cooperation of the courier partners to complete. Rookie network represented by the social logistics collaborative model, showing a strong advantage.

March 28, 2016, rookie network also joint logistics partners, together launched a rookie League, determined to improve the quality of service in the entire logistics industry. The same day and next day service is the key to pushing the rookie league.

open the huge rural market rural logistics

in the past did not release the long-term spending power of the rural market, Ali Earnings Disclosure, as of March 31st,

rookie network and rural Taobao together, set up service points in the country’s more than 14 thousand villages. The number of village service points is still increasing rapidly.

village service point on the one hand to help the villagers to buy goods, but also to help rural agricultural products sales. In the past, the logistics network can only be covered to the county level, the rookie network through the open system, organization of logistics partners, advance to the village level, to solve the biggest pain point of rural logistics.

extension of the logistics network in rural areas and improve, effectively promote commodity in rural market two uplink and downlink, leveraging the Chinese rural.

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