Alibaba Doesn't Meet Lofty Expectations
Here's our initial take on 's (NYSE: BABA) fiscal 2025 fourth-quarter financial report.
In its latest fiscal quarter, Alibaba generated the U.S. dollar equivalent of about $32.6 billion in revenue, up about 7% year over year, although this failed to meet the expectations of analysts. On the bottom line, Alibaba's adjusted earnings increased significantly but also fell short of estimates.
Within the business, Alibaba's growth was relatively strong. Customer management revenue in the flagship Taobao and Tmall Group China e-commerce platforms grew by 12% on improved take rates. The Alibaba International Digital commerce Group grew by 22% on strong cross-border business. And the Cloud Intelligence Group, which includes the company's artificial intelligence (AI) efforts, saw revenue grow by 18%.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
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