Revenue Growth from 2013 to 2023

Alibaba's revenue saw a significant increase over the last decade, from 34,517 million yuan in 2013 to 868,687 million yuan in 2023. The company's annual revenue more than twentyfold during this period, highlighting its substantial growth and expansion in the e-commerce and tech industry.

Annual Growth Rate Variation

The annual growth rate varied year over year, with the highest increase observed between 2019 and 2020, where revenue jumped from 376,844 million yuan to 509,711 million yuan. This represents a significant growth rate of approximately 35%, indicating a period of rapid expansion for Alibaba.

Recent Revenue Growth Trends

In more recent years, revenue growth has shown signs of slowing down. Between 2022 and 2023, the revenue increased from 853,062 million yuan to 868,687 million yuan, marking a growth rate of just about 1.8%, the lowest annual growth rate in the provided data span.

Comparison of Early Growth to Recent Years

Comparing the initial years to the latter part of the decade, the growth rate from 2013 to 2014 was approximately 52%, with revenue rising from 34,517 million yuan to 52,504 million yuan. This contrasts sharply with the 1.8% growth rate seen from 2022 to 2023, indicating a significant deceleration in revenue growth as the company matures.

Total Revenue Increase Over the Decade

The total increase in Alibaba's revenue over the decade amounts to 834,170 million yuan, from 34,517 million yuan in 2013 to 868,687 million yuan in 2023. This monumental increase underscores the massive scale of Alibaba's growth and its evolving position within the global market.