Growth in global Alibaba commerce has been slowing for two years

Rob Clapp

An overview of Alibaba's year-on-year growth in total commerce and international commerce revenue between Q1 2015 and Q1 2019.

Growth in global Alibaba commerce continues to decline, according to the latest company reports. Q1 2019 saw international commerce revenue for the tech giant grow 24.9% year-on-year, the lowest rate since Q1 2016. This continues a slide in the growth rate since Q1 2017's peak of 98.4%, despite the company's recent expansion.

Since Q1 2018, international commerce revenue growth has also been far slower than total commerce growth, which includes the domestic Chinese market and on-demand food delivery. Indeed, while total commerce saw a strong uptick in Q1 2019, foreign commerce growth stayed stable.

Overall, international commerce revenue...

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