Produced by Tiger Sniff Technology Group

Author 丨 Shi Hanxu

title map 丨 IC photo

Last night, Alibaba Health released the fiscal year 2020 (April 1, 2019 to March 31, 2020) results. The report shows that Ali Health’s fiscal year revenue was 9.596 billion yuan, an increase of 88.3% year-on-year, a loss of 15.7 million yuan, a year-on-year contraction of 82.9%, and adjusted net profit of 261 million yuan, an increase of 114.8% year-on-year.

As we all know, after acquiring CITIC 21st Century and changing its name to Alibaba Health 6 years ago, the Alibaba Group will “Double H (Happiness & Health)

Alibaba ’s health business layout, organized by tiger sniffing

Unfortunately, Ali Health ’s income composition so far in 2018 tells us that it still bears a heavy brand of e-commerce.

E-commerce accounted for 90%

Even though traffic and transportation were blocked during the epidemic, Ali Health ’s medical e-commerce business seemed toIn terms of players, an effective commercial approach is still to be discovered, at least until now, no one can see the direction clearly.

I am the author of this article, Shi Hanxu. I want to know everything about medical treatment. Industry sources are welcome, WeChat: shx0427