In the third quarter of Alibaba Group's fiscal year 2022 , Alibaba International Station showed an overall healthy and stable business development trend. Among them, the platform's transaction orders and overseas buyers have both achieved double-digit growth. The transaction volume of foreign trade enterprises on Alibaba International Station has increased by 50% year-on-year . At the same time, the International Station is providing foreign trade enterprises with more value-added services such as international logistics and transaction credit guarantees. Among them, Alibaba International Station's value-added service revenue has increased by 43% , driving the overall revenue growth of the International Station to 29% .
The good growth rate shows that the revenue structure of Alibaba International Station is becoming diversified, and the depth and links of services provided by the platform to merchants are becoming longer.
As the pandemic dividend of global foreign trade gradually becomes normal, Alibaba International Station's rapid growth in value-added service revenue has benefited from the steady upgrade of the platform from a foreign trade transaction platform to a comprehensive service platform. During 2021 , Alibaba International Station continued to strengthen the value protection of overseas buyers and the value upgrade of sellers' multi-fulfillment tracks.
This includes the launch of the socialized capabilities of financial services, the transformation of logistics business service models, and the introduction of 4PL (fourth-party logistics with comprehensive supply chain integration) logistics solutions, which have significantly improved the customer experience of both parties to the transaction and brought good growth in the platform's value-added service revenue.
As we all know, the growth path of China's manufacturing going overseas will explore ways to diversify operations. In response to this, Alibaba International Station has not only built a world-leading digital transaction platform, but also combined with the favorable situation of high growth in the past two years, accelerated the layout of a one-stop comprehensive service solution for foreign trade operation links to serve more business scenarios.
In order to address the pain points of foreign trade exports that have long plagued merchants' operations, Alibaba International Station has provided merchants with one-stop financial flow services in the past year in terms of compliance and security of cross-border collection and intelligent foreign exchange. In addition to the problem of transportation congestion that has plagued overseas merchants, the International Station will also increase the construction of logistics routes in popular global regions and local warehousing and distribution systems in important buyer countries.
The healthy and stable development trend has made Alibaba International Station more determined to build the platform. Alibaba International Station will provide efficient and deterministic foreign trade comprehensive services to small and medium-sized businesses in China and around the world, and provide a package of comprehensive service solutions in terms of traffic acquisition, order conversion, financial logistics services, healthy and compliant operations, etc., and provide basic service facilities for China's commercial digitalization to go global.
The all-round upgrade of the platform has promoted the expansion of the international station into more industries. Machinery, photovoltaic clean energy, home furnishings, electronics, auto parts and other industries have become the fastest growing industries in fiscal year 2022. This means that the quality of overseas buyers and Chinese suppliers (merchant structure) of Alibaba International Station are adjusting rapidly.
In fiscal year 2022 , Alibaba International Station entered the high-quality overseas expansion stage. Products with distinctive technological originality began to be frequently launched on the International Station platform; nearly one million products have obtained serious green certification, and a large number of products made of low-energy consumption, degradable raw materials, and harmless substances have been well received by overseas buyers, and sales growth has also exceeded the performance of the entire foreign trade market.
As the world's leading digital foreign trade comprehensive procurement and wholesale platform, Alibaba International Station will further explore more business model growth opportunities in the future by highlighting China's core manufacturing industries, expanding the scale of high-quality supply, and improving the service capabilities of digital merchants and the efficiency of supply and demand matching. Alibaba International Station Value-added Services |
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