Summary$Pinduoduo Inc.(PDD)$
The impact from the regulatory crackdown and increased competitive pressure are starting to reflect in Alibaba’s financial statements as the core commerce organic growth grew only 15% YoY.
Alibaba is re-investing its profits back to grow its business in C’s less developed region, and international markets, but they are faced with strong counterparts, which may deter their growth.
Alibaba’s pledge to enhance their compliance with the regulations ensures that they are less likely to be targeted by the Chinese government in the future.
According to our estimates, we believe Alibaba is worth $238.13 per share, a 104% upside from the current share price.
Alibaba headquarters
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This article is contributed by Jun Hao from the Superstocks Seekers team.
Overview
Alibaba (NYSE:BABA) was founded in Dec. 1999, by Jack Ma and 18 others, who envisioned an e-commerce company that could deliver to the entire 737 million internet users in C. Fast forward till today, Alibaba is now the largest e-commerce company in C, which is a remarkable achievement. Over time, it has also built an ecosystem that is split into 4 main categories known as - Core Commerce, Cloud Computing, Digital Entertainment and Media, and Innovation Initiatives. In this article, we will be unpacking Alibaba's Q2'22 results, and before we dive into it, do also head to the previous article that we have written for the company.
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