You Tube

Skip Navigation LinksHome > Industry News
FaceBook Twitter Delicious Digg LinkedIn

Alibaba Reports 39% Sales Increase


In a revision to its IPO prospectus, Chinese e-commerce firm Alibaba reported sales for the quarter ended in March of 2014 rose 39% - a number that actually demonstrates slowed revenue growth for the company. A year earlier, Alibaba increased sales by 71% during the same quarter and realized better margins. In its most recent quarter, Alibaba said its operating margins narrowed to 45%, down from 51%. Alibaba did make gains in mobile-related sales, though, reporting a 12% jump versus a 2% rise for the year prior. Besides releasing financials, reports surfaced this afternoon suggesting the firm has chosen to list on the New York Stock Exchange, although no debut date was made public.

From March 2013 through March 2014, Alibaba’s net income rose to $3.7 billion, with sales up 52%. The filing shows Taobao Marketplace, Tmall and Juhuasuan accounted for 82% of Alibaba’s yearly revenue. On November 11 of 2013 – a special promotional period for the company – Alibaba said sales at Taobao Marketplace and Tmall hit $5.6 billion in just 24 hours.

While Alibaba has ties to several industries, it’s most well-known for its websites that allow merchants to sell items – including promotional products – directly to people worldwide. Of particular note in North America, Alibaba recently launched a U.S. e-commerce website called 11 Main, which is selling specialty jewelry, apparel and tech products.

Alibaba, led by Counselor Power 50 member Jack Ma, filed IPO paperwork in May. Estimates value Alibaba at up to $200 billion, making it likely that the firm’s IPO will become one of the largest launches of all time. Alibaba’s 27 partners – nine of which are women according to the latest filing – will be able to nominate most of the company’s board, a key stipulation to the firm’s U.S. IPO.

Sponsored By:

Making You Money: What ASI is all about.

Promotional products, also known as ad specialties, make up a $20.5 billion dollar industry and are used by virtually every business in America. Why? Items like mugs, pens and t-shirts are memorable and provide a better cost per impression for advertisers than almost every major marketing effort like prime time TV, magazines and radio.

With so many businesses buying ad specialties there is a huge opportunity for professionals looking to make great money running a promotional products distributorship. It’s easy and inexpensive to get started and you can work from home.

© 2015, The Advertising Specialty Institute®. All Rights Reserved.

  • A business opportunity to reinvent your career in an exciting field
  • Work at home - for yourself - not by yourself
  • Make money selling ad specialties
  • Partner with a time-tested industry leader
  • Get started instantly with all the tools you need