What's the matter with Ali's award of 16.4 billion yuan? Such a large sum of award is absolutely rare. For those employees working in Ali, do they feel full of happiness? Who are the people who are awarded these bonuses?
Last night, Alibaba group released its financial report for the first quarter of fiscal year 2019 (April 1, 2018 to June 30, 2018), showing that revenue increased 61% year-on-year to RMB 80.92bn, maintaining a high growth rate of over 55% for six consecutive quarters. Core e-commerce business revenue reached 69.188 billion yuan, up 61% year on year. It is worth mentioning that the total expenditure of equity awards granted by Alibaba to employees is up to 16.4 billion yuan.
In this financial report full of growth, there is another super unicorn of Ali series, ant financial service, which is developing at a super high speed in this quarter. Q1 financial report shows that ant financial services is estimated to be the world's largest Unicorn enterprise with a total value of $15 billion to $160 billion after completing the financing of $14 billion in the current quarter, showing signs of becoming the next driving engine of Ali economy. Due to the significant increase in the valuation of ant financial services, the equity incentive value of ant financial services will increase accordingly. According to the financial report, the non cash expenditure of the equity award to ant financial services reached 11.18 billion, and the total expenditure of equity award reached 16.4 billion. According to statistics, since its IPO, Alibaba's cumulative value for employee equity awards has exceeded 80 billion yuan.
In 2017, Alibaba announced the establishment of the Damo academy, and at the same time announced that Alibaba will invest more than 100 billion yuan in technology research and development in the next three years. The first research fields announced by Alibaba Damo academy include quantum computing, machine learning, basic algorithm, etc., covering machine intelligence, intelligent networking, financial technology and other industrial fields. At present, Alibaba has 9 National thousand person plan scientists and dozens of life-long professors from famous overseas universities. In the most cutting-edge fields of artificial intelligence, quantum computing, cloud computing, big data technology, chips and so on, Alibaba has world-renowned scientists as leaders. In recent years, top scientists in the field of quantum computing, such as Shi Yaoyun and Mario Middleton segod, world-class experts in machine learning and computer vision, Wang Gang, have joined Alibaba.
As of August 2018, the engineers (technical product employees) of Alibaba and ant financial accounted for 51% of the total number of employees, and a large number of young technological talents grew up in Alibaba ecosystem.
Alibaba's previous investment in top core technologies is now bearing fruit. According to the data of Gartner, an authoritative organization in the United States, Alibaba cloud is the third largest public cloud service provider in the world in terms of revenue in 2017. Less than a year after its establishment, Damo academy has won nearly 20 world firsts in international top-level technical competitions and achieved many research results.
'Young' is also a characteristic of the Ali people. The average age of Alibaba employees is 31.5 years old and they come from 68 countries and regions. Among the foreign employees, the largest number are from the United States, India, Russia, Canada, Singapore, Australia and Malaysia. Alibaba currently has 36 partners, with an average age of 45.06, including two of the 'post-80s'.