Tmall Company & Revenue

Main Category
Main Country Selling to
Biggest Competitor

Revenue (GMV)

US$527,096m
2024

Global Rank

3
2024

Conversion Rate

2.0-2.5%
2024

Average Order Value

2024

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Revenue Development
Country & Category Splits
Company Financials
Transaction KPIs

The values shown here refer to the retailer's largest online store. Aggregated total figures and values for other stores can be found in our tool.

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Tmall Revenue & Turnover

Tmall Annual Revenue & Growth by Year

Tmall's annual sales on its online store tmall.com amounted to US$527,096m in 2024. This represents a change of 5-10% from the previous year. Tmall's largest online store is expected to see a growth rate of 0-5% in 2025 compared to 2024, indicating a projected shift in performance.

Annual Revenue (GMV)

US$527,096m
2024

Annual Growth Forecast

0-5%
24/25

eCommerce Revenue (GMV in Million US$)

2022
2023
527,096
2024
2025
2026

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Tmall Monthly Sales & Revenue Development

Retailers follow monthly revenue patterns, which depend on annual events, consumer habits, and economic conditions. In the case of Tmall, revenues in June of 2025 were US$58,414m on its domain tmall.com. This marks a change in monthly revenues of 85-90% from May.

Revenue Current Month (GMV)

US$58,414m
06/25

Growth from Previous Month

85-90%
05/25-06/25

Monthly eCommerce Revenue (GMV in Million US$)

02-2025
03-2025
04-2025
05-2025
US$58,414m
06-2025

Note: This chart is based on the GMV of the online store. Click here to learn more about our methodology and the available drilldown at ECDB.

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Tmall Sales by Country & Market Shares

Tmall's main market is Greater China, where its main online store, tmall.com, generated 97% of revenues in 2024. Tmall engages in markets that support its strategic objectives, whether through domestic focus or cross-border expansion.

Market Shares by Country

World Map

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Tmall Revenue Split by Product Categories

Tmall sales by product category provide a deeper look into its income structure. Tmall's most significant category is Fashion, which accounts for 41% of total sales in 2024 at its largest online store, tmall.com. The analysis of sales by category provides a clearer picture of how different segments contribute to overall performance.

Revenue Breakdown by Category

2024

Fashion (41%)

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Tmall Marketplace Sales: 1st & 3rd Party GMV

1P vs 3P Revenue/Sales

Tmall's marketplace sales are illustrated by its GMV development. A distinction is made between 1P (first-party) and 3P (third-party) sales, where Tmall either acts as the seller (1P) or distributes products from other sellers (3P). In 2024, Tmall's' 1P sales contributed 3% to total GMV, while the 3P GMV accounted for 97%.

3P Share

97%
2024

3P Share Forecast

2025

1P/3P Revenue/Sales Split

2021
2022
2023
3%97%
2024
2025
1P Activity
3P Activity

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Tmall Financial Analysis: Earnings, Net Worth, Profits

Regularly updated figures from Tmall's latest annual report provide us with the company's financial figures that are indicative of its business performance and outlook. In 2024, Tmall's gross profit was US$51,009m, while its operating profit was US$18,056m.

Gross Profit

US$51,009m
2024

Operating Profit

US$18,056m
2024

Net Income

2024

Earnings per Share

2024

Total Assets

2024

Total Equity

2024

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Tmall Number of Employees

Tmall had a headcount of 124,320 in 2024. Meanwhile approximately US$1m was generated per employee in 2024

Revenue per Employee (in Million US$)

2020
2021
2022
2023
US$1m
2024

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Tmall Top Stores

Tmall's flagship domain tmall.com generated revenues of US$527,096m in 2024. Forecasts expect a revenue change of 0-5% in the coming year.

Top Online Stores by Net Sales (in Million US$)

# 1
tmall.com
Alibaba Group Holding, Ltd.
2021

2022

2023

2024

2025

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Tmall Competitor Analysis & Similar Stores

vip.com is the closest competitor to Tmall's largest online store tmall.com, with a similarity score of 99.0% in 2024. shopee.tw is another key store with a high similarity score of 98.5%. This competitor analysis provides a concise overview of comparable online stores for market performance benchmarking.

Top Competitors and Similar Stores

tmall.com
Main
vip.com
99.0%
shopee.tw
98.5%

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Tmall Transaction KPIs: Conversion Rate, Average Order Value

Analyzing transactions on Tmall's largest online store tmall.com reveals key metrics like conversion rate, average order value, discount rate, and return rate. The store's conversion rate reached 2.0-2.5% in 2024, offering insight into user behavior.

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2.0-2.5%
2024

Average Order Value

2024

Return Rate

2024

Discount Rate

2024

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