Revenue was up 4% year on year, while net income dropped 29%. Alibaba said the net income fall was “primarily due to a decrease in income from operations” and “increase in impairment” from its investments. Alibaba has been looking to reignite growth...
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Market CapitalizationChangeDate China Mobile HKD 1.44T 37.11B Sep/2023 China Unicom HKD 173.83B 15.33B Sep/2023 Meta USD 909.63B 137.14B Dec/2023 Netflix USD 213.1B 45.77B Dec/2023 Sunny Optical Technology HKD 77.66B 8.06B Dec/2023 YY USD 2.41B 51M Dec/2023 ...
Alibaba's annual segment revenue distribution FY 2023-FY 2024 Alibaba's quarterly consolidated revenue Q2 2018-Q2 2024 Alibaba's annual net income FY 2014-FY 2024 Alibaba's quarterly net income Q2 2018-Q2 2024 Alibaba: ad spend FY 2014-2024 Alibaba's number of employees FY 2014-FY 2024 ...
It is not good news for Alibaba, which has the biggest share of the e-commerce market. Investors got a sense of just how bad things are on Thursday. Alibaba posted a quarterly net income of 27.7 billion yuan ($3.8 billion), an improvement on the net loss it made for the same period...
OverviewIncome StatementBalance SheetCash Flow Alibaba Financial Overview Alibaba's market cap is currently ―. The company's EPS TTM is $4.974; its P/E ratio is 17.27; and it has a dividend yield of 1.14%. Alibaba is scheduled to report earnings on January 29, 2025, and the estimated EP...
Alibaba posted slower-than-expected growth of sales in December quarter with an increase of 5%. Net income crashed 69% due to impairment of intangible assets related to Sun Art and impairment of good will from Youku. BEIJING, February 7 (TMTPost)-- Shares of Alibaba Group underperformed the ...
Income Statement Balance Sheet Cash Flow Sec Filings Annual Quarterly Item Item 2020 2021 2022 2023 2024 5-year trend Sales/Revenue Sales/Revenue 571.88B 820.2B 1.03T 993.19B 1.03T Sales Growth Sales Growth - 43.42% 26.16% -4.02% 3.40% ...
non-GAAP net income attributable to ordinary shareholders was RMB34.3bn, up 13% YoY, 5/16% ahead of our forecast/consensus estimates. With strategic move to focus more on both scale and efficiency, we expect steady non-GAAP net profit growth to sustain in the rest of FY23. We lower FY...
B. Revenue growth of 2% year-on-year and net income above expectations. C. Revenue growth of 2% year-on-year and net income below expectations. D. A decline in revenue and net income below expectations. Answer: B. How did Alibaba achieve its positive earnings results?