Does Alibaba's market value include Alibaba Cloud?
包含
阿里云是阿里集团旗下的云计算服务品牌，成立于2009年，是中国领先的云计算服务提供商之一。阿里集团在2015年将阿里云分拆出来，成立了独立的阿里云计算有限公司，并持有其股份。截至2021年，阿里集团仍然是阿里云的主要股东之一。阿里云的发展也为阿里集团带来了巨大的收益和增长动力。
Professional answer
Included
Alibaba Cloud is a cloud computing service brand under Alibaba Group. Founded in 2009, it is one of China's leading cloud computing service providers. Alibaba Group spun off Alibaba Cloud in 2015 and established the independent Alibaba Cloud Computing Co., Ltd., in which it holds shares. As of 2021, Alibaba Group is still one of the major shareholders of Alibaba Cloud. The development of Alibaba Cloud has also brought huge benefits and growth momentum to Alibaba Group.
Alibaba Cloud is the cloud computing subsidiary of Alibaba Group, and its financial data is not included in the financial statements of Alibaba Group.
Therefore, when we discuss Alibaba's market value, Alibaba Cloud's share is usually not included. However, it is worth noting that as part of Alibaba Group, Alibaba Cloud's performance and market performance undoubtedly have an impact on Alibaba's overall value.
Alibaba's market value includes Alibaba Cloud, Hema, and Big Entertainment, which have not yet been split off.
This means that as an e-commerce platform alone, Alibaba's market value may have been inferior to Pinduoduo. If Alibaba Cloud, Cainiao business, etc. were cut off, Pinduoduo would have been the king long ago.
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