Alibaba: Value Story Fades As Buybacks And Cash Flow Tumble (Rating Downgrade)

Alibaba (NYSE: BABA ) reported results for the March quarter 2025: Although both revenue and profits were up YoY, 7% and 36%, respectively, both metrics disappointed against consensus estimates. Segment performance was mixed: Taobao and Tmall Group (+9%), International Digital Commerce (+22%), Cloud Intelligence (+18%), Local Services (+10%), and Digital Media (+12%) grew, while Cainiao Logistics declinedExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. C ...