Alibaba Group Holding Limited (NYSE: BABA ) just released its September quarter earnings . The release beat estimates on revenue and earnings per share (EPS) and showed considerable progress in the cloud segment, which accelerated its top-line growth.Analyst’s Disclosure: I/we have a beneficial long position in the shares of BABA, PDD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other tha ...

In this video, I will cover Alibaba's (BABA -1.54%) third-quarter earnings. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 14, 2024. The video was published on Nov. 15, 2024. ...

Core Insights - Alibaba reported a net income of 43.9 billion Chinese yuan ($6.07 billion) for the September quarter, significantly exceeding the LSEG forecast of 25.83 billion yuan [1] - Revenue reached 236.5 billion yuan ($32.72 billion), slightly below the analyst forecast of 238.9 billion yuan [1] Company Performance - Alibaba's shares have increased by almost 17% year-to-date, with a 3% rise in premarket trading following the earnings release [2] - The company experienced "robust growth" in gross merchandise volume for its Taobao and Tmall Group businesses during the recent Singles' Day shopping festival, along with a record number of active buyers [5] Industry Context - The retail environment in China remains challenging, reflecting broader economic sluggishness, despite a recent 4.8% year-on-year increase in sales in October [2][4] - Recent stimulus measures from Beijing, including a 1.4-trillion-yuan package, are being monitored for their potential impact on economic growth and the real estate market [3]

Alibaba Group Announces September Quarter 2024 Results Hangzhou, China, November 15, 2024 - Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group") today announced its financial results for the quarter ended September 30, 2024. "This quarter we continued to invest in the user experience and strengthen product offerings to serve our consumers. We entered into long-term collaborations with industry peers to broaden payment and logistics ser ...

Alibaba Group Holding Limited BABA will release earnings results for its second quarter, before the opening bell on Friday, Nov. 15.Analysts expect the China-based company to report quarterly earnings at $2.1 per share on revenue of $33.95 billion, according to data from Benzinga Pro.Alibaba Group, last month, decided to settle a class-action lawsuit filed by its shareholders for $433.5 million. The lawsuit alleged that the company had made misleading statements about its exclusivity practices.Alibaba share ...

Michael Burry bolstered his bets on three Chinese tech companies last quarter.The "Big Short" investor raised his stakes in Alibaba, Baidu, and JD.com but also hedged the wagers.Burry didn't add any new names to his stock portfolio but exited a couple in the period. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a perso ...

Alibaba Group Holding Ltd BABA BABAF will be unveiling its second-quarter earnings on Friday, before market hours. Wall Street is expecting $2.10 in EPS and $33.95 billion in revenue, per Benzinga Pro data.This comes as the Chinese e-commerce giant faces mounting competition from rivals like JD.com Inc JD and Pinduoduo Holdings Inc PDD, as well as a challenging macroeconomic environment that has tempered consumer spending in China.Still, some analysts are optimistic that Alibaba’s growing international digi ...

While Wall Street has enjoyed a post-election rally, U.S.-listed Chinese stocks haven't fared so well. Donald Trump's U.S. presidential victory came with promises of higher tariffs for China, but the country's fiscal stimulus package is also weighing on equities. Specifically, China's National People's Congress announced 10 trillion yuan ($1.4 trillion) in a debt swap program to help local governments overcome debt burdens, but investors were underwhelmed by the lack of measures to help the housing market a ...

Core Viewpoint - Alibaba Group is set to report its second-quarter fiscal 2025 results on November 15, with expectations of revenue and earnings growth compared to the previous year [1][3]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for revenues is $33.47 billion, indicating an 8.63% increase from the same quarter last year [3]. - The earnings estimate is $2.26 per share, reflecting a 5.61% rise from the prior-year quarter [3]. - The earnings estimate has increased by 8.1% over the past 30 days [3]. Earnings Surprise History - Alibaba has a mixed earnings surprise history, with a 2.73% earnings surprise in the last reported quarter [4]. - The company has beaten the Zacks Consensus Estimate in three of the last four quarters, with an average surprise of 3.71% [4]. Factors Influencing Performance - The International Digital Commerce Group is expected to perform strongly, driven by momentum in platforms like AliExpress, Trendyol, and Alibaba.com [7]. - AI technology integration has enhanced user experience through features like multilingual search and personalized recommendations [8]. - B2B cross-border trade initiatives, including the Alibaba Guaranteed platform and Logistics Marketplace, are likely to positively impact international commerce metrics [9]. Domestic Market Dynamics - The China commerce retail business, supported by Taobao and Tmall Group, shows resilience through strategic investments [10]. - The "Star Cube Plan" partnership with Douyin aims to convert Douyin users into active customers, potentially boosting platform traffic [10][11]. Logistics and Cloud Segments - The Cainiao Smart Logistics Network benefits from strong domestic logistics services, while Alibaba Cloud maintains momentum in key sectors [12]. - However, aggressive pricing strategies in the cloud segment may impact revenues despite potential market share gains [12][13]. Price Performance and Valuation - Alibaba's shares have increased by 18.4% year-to-date, underperforming the industry and major indices [14]. - The stock is currently trading at a forward 12-month P/S ratio of 1.49X, which is below the industry average of 1.8X, indicating a discounted valuation [15]. Investment Thesis - Alibaba presents a compelling investment opportunity due to robust international commerce expansion, AI integration, and strengthened SME relationships [16]. - The domestic e-commerce business benefits from strategic partnerships, while the logistics segment shows promising growth [16]. - Despite macroeconomic challenges in China, the company's diversified revenue streams and strategic initiatives support a positive growth trajectory [16]. Conclusion - Investors may consider establishing positions in Alibaba ahead of its earnings report, given the growth catalysts across various segments [17]. - The integration of AI technology and strategic partnerships position the company favorably for sustained growth, making current price levels attractive for long-term investors [17].

Alibaba Has Been Losing to PDD. Why That’s Set to Change. ...