Max87
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$Alibaba(BABA)$ after going through the webcast, judging from available info without analyzing further the statements, this quarter is a confirmation that Baba is no longer growing it's most profitable core segment that has been the growth + cash cow. Digital commerce supposedly grew ~16% & Baba grew 1.4% (GMV not reported) while JD grew 5.1%. Baba will grow & fall together with it's merchants however it seems like merchants were undercut by PDD & Shared with JD Kuaishou & Bytedance. Moving forward, Baba will have to depend on growth from yet to be profitable business, eg. AIDC, CLOUD AI. however both business is an ant compare to their core e-commerce rev & profit margins. Also not profitable yet. Unless they d
$BABA-W(09988)$ With a +9% G from CMR portion of TTT & +11% G from Cloud business along with margin expansion, you can say Baba is back to being a rare profitable growth company. Current management has successfully draw up a rough roadmap to further growth with their strategic positioning in the AI Cloud infrastructure segment. Often neglected were the humongous +32% G from AIDC (now 2nd largest business within Baba group). Finally, board & management efforts paid off bringing to reality a turnaround. This should go down in business books as one of the most brilliant turnaround in history. Jack is right. Cheers.
$Alibaba(BABA)$ Base on this Share Repurchase Update (Oct 2nd), it's pretty clear that management has repurchased 353 mln ADRs (for a whoppin...USD 27.6Billion!!?) corresponds to 13.66% outstanding shares on a non-dilutive count since Dec'22 quarter which coincides with 2 years duration since start of share repurchase program. Simple calculation would tell you that, your stake in the company would've grown in aggregate 15.82% over the past 2 years. Taking the USD 4B in dividends issued this year, total shareholder returns would total USD31.6B. If you held the shares on June 13th at closing price USD75.68/share, a USD1.66/share dividend equates to 2.19%. Therefore, Baba has returned 18.01% to her loyal shareholder over the pas
$Alibaba(BABA)$ Despite the recent massive rally, $BABA remains incredibly cheap… 9.17% NTM FCF yield & >USD$68B in cash/ cash equivalent nett of debt. Management'll likely continue to delever/recapitalize via divestment of non-core assets. With animal spirits back, they can now look at spinning off non-core BU as well... In aggregate, it should revalue the entire issue up several multiples inorganic/organically. Cheers 🥂
$CHINA EDU GROUP(00839)$ with substantial financing denominated in USD, fed interest rate lowering would be a major driver to it's bottom line. business like universities & vocational schools has traditionally wins favor from the central gov. A combination of long term revenue visibility & lowering financing cost will allow company to repair it's balance sheet significantly & return value to investor via high dividends.
$Alibaba(BABA)$ $BABA-W(09988)$ After much deliberation going through the latest earnings release, I'd say I'm unimpressed by the latest result despite much marketing effort from industry third party sources including independent analyst. Much of the investments into Quick Commerce generated nett revenues growth of +6x% yoy (this is on the small base of Eleme) but at the expense of EBITA down by -7x% yoy (on the huge base of entire core China commerce group). Base on rough assumption, it would be roughly a 4:1 ratio in terms of expense to nett revenue gained. The only redemptions are from Management's verbal assuages that seems to imply higher new customer retention & synergy to
Alibaba's META moment?
During the COVID market boom in the latter half of 2020, META announces massive investment into metaverse touted as the next frontier / form in social media platform while spending like there's no tomorrow. Instead of testing it on a microscale with discipline capital injection while assessing market willingness to pay for it, they went in big. Rightfully, they got punished by clear-minded investors/shareholders. Today we know that shareholders were right. Alibaba foray into cloud industry has been nothing short of spectacular. It was fast & furious with heavy resources & manpower investment & strong execution. In no time, it catches up with global top LLM company eg. OpenAI. Currently, Qwen 3.0 ranks #4 among global open & close - sourced LLM models right behind OpenA
$Baidu(BIDU)$ People always think of LLM in terms of Benchmark rankings etc. but they always forgot that such rankings don't provide economic value to the market & therefore no usage & user & no value creation. Baidu understands this & develops useful application for pet lovers. Imagine wouldn't it be a dream to understand your pet better ? They literally created a new market with this patent & it's upcoming app. How successful depends on deep understanding of use cases & execution on app front to be as intuitive as possible. I hope Robin don't blow this up. Cheers 🥂
China's Baidu looks to patent AI system to decipher animal sounds
I must commend Alibaba's management & their entire operating team for such excellent execution lately. They're moving like a startup on a huge multi-sectoral business operations. Jack was right. Now Baba is much able to compete in the competitive Chinese market. They are currently competing strongly in multiple areas including super competitive AI MODEL, public cloud, e-commerce, international commerce & many many more. I'm now very happy with my holding in Alibaba than ever on the management direction capabilities & execution. They need to write this turnaround story into business books. Jack will end up the most legendary celebrated entrepreneur in China for inspiring so many lives. Thanks 😊
Alibaba, RedNote in tie-up as China e-commerce competition intensifies
$Baidu(BIDU)$ $BIDU-SW(09888)$ After going through BAIDU Q1'25 earning release, several key points I'd like to note the following: 1) It's profitable ad business is dropping -6% yoy- driven by consistently shrinking Managed Pages rev (50% down to 47% as a proportion of ad-business yoy); it's widely known that BIDU content ecosystem suffered from walled gardens of popular social media app eg. WeChat, Douyin, Xiaohongshu due to preference & convenience of updating information via image & video format of Chinese people. In a way, BIDU has been complacent in stimulating stakeholders engagement & going into multimodality of search despite already possessing the tech
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Mr Henry He HaiFeng proved to be instrumental to $BIDU$ transformation. He initiated the huge impairment despite obvious criticism paving the way for healthier growth pathway in the public AI Infrastructure cloud business which grew 33% yoy in Q3'25. With Chinese gov continuous investment for a sovereign AI Infrastructure leveraging private sector advancement, it guarantees growth & revenue source for $BIDU$ AI cloud infra business. Going forward, it wouldn't be an uncertainty in this business. $BIDU$ currently is the leading AI tech provider for AI application, digital employee, digital human (Livestream), & agentic AI service provider by revenue. Management cited higher willingness to pay for AI products that improves productivity eg. Digital human (livestreaming) & agentic A
'Big Short' Michael Burry Slams Baidu For $2.2 Billion Impairment In Q3 After 50% Of 2024 Net Income Gain Driven By 'Useful Life' Tweaks
$GHY Culture(XJB.SI)$ With improving liquidity conditions in China, increased consumption will accelerate demand for film production & concerts in China. Indirectly, increase demands for it's services & improving business outlook as GHY pays off debt it incurs during covid lockdowns. [Miser] [Miser] [Miser]
$Alibaba(BABA)$ Taobao together with Dhgate appears to be unlikely beneficiaries of the tariffs war. With 145% tariffs on Chinese products coming into the US, big brands aren't going to swallow the tariffs cost & hurts their bottom line. They're cutting decades long Chinese manufacturing partners out leaving these partners facing no buyers for their top quality products. Instead, they went on TikTok to spill the beans on big brands supply chain secrets & profitability spurring this latest trend of buying directly from manufacturers. Taobao is currently Top 3 downloaded app on both iOS & Android phones in the US. Best wishes. Cheers 🥂
Priced for perfection
Singapore's Sea Misses Quarterly Revenue Estimates
$BABA-W(09988)$ $Alibaba(BABA)$ I can't imagine 🤯 what PDD'S earnings will show when it comes out next week. They're gonna hammer Baba down real bad. This quarter result shows Baba has lost its identity as it got relegated to the poorest performing e-commerce platform. While it reduces monetization, it's business is slowing down when other platforms were increasing monetization & increasing gmv as we're freely shared by JD. The more management thought that they had it under control the worst it gets for them. They're spending large portion of cash flow on the shiny new toy AI LLM that can't even pay for their admin expenses. They forgot their whole reason for existence is d
Alibaba Outlines Balanced Approach to E-commerce Monetization
$BABA-W(09988)$ with Meituan ER's in the back mirror, we should be able to roughly see the damage from the instant commerce war involution. MeiTuan reported +11% top line on a -90% operating margin, JD reported +2x% top line growth on a -50% operating margin. The difference between the two, is a difference between economics of it's business model. Make a guess.... Learn to fish or be fished?
$CHINA EDU GROUP(00839)$ Latest announcement on Inside Information with regards to write down incurred on intangible related to University in Australia, Sichuan up to the tune of ~RMB 1.5b (rough figure) resulted in the lowest earnings in history of the group. Management says that it amounts to a hit of ~5% on group's total asset. That's to say Book will reduce by 5% in value. Current pricing trades @ P/B : 0.6; meaning to say this ratio will be adjusted upwards to 0.63; imo, well-discounted taken into account the info provided by the announcement. Why do I say this? A quick glance into the recently published annual report reveals some of the key assumptions in estimating the value of the cash generating units (CGU); Discount rat
$Alibaba(BABA)$ I must commend Alibaba's management & their entire operating team for such excellent execution lately. They're moving like a startup on a huge multi-sectoral business operations. Jack was right. Now Baba is much able to compete in the competitive Chinese market. They are currently competing strongly in multiple areas including super competitive AI MODEL, public cloud, e-commerce, international commerce & many many more. I'm now very happy with my holding in Alibaba than ever on the management direction capabilities & execution. They need to write this turnaround story into business books. Jack will end up the most legendary celebrated entrepreneur in China for inspiring so many lives. Thanks 😊
somehow whenever I quote an article, it just disappear. This post is written over an an article reporting from Reuters on the strategic partnership of Baba (Tmall & Taobao) & rednote (Xiaohongshu) which allows social media user on rednote to purchase directly @ Taobao & Tmall if they are something interesting on rednote. couple this with synergy between eleme & taobao/Tmall for instant delivery, it's a killer combination with each doing the best at what they do. this is a community of businesses with it's own specialty working together to improve consumer experience. wow 😳 just wow.//@Max87:I must commend Alibaba's management & their entire operating team for such excellent execution lately. They're moving like a st
@Max87:I must commend Alibaba's management & their entire operating team for such excellent execution lately. They're moving like a startup on a huge multi-sectoral business operations. Jack was right. Now Baba is much able to compete in the competitive Chinese market. They are currently competing strongly in multiple areas including super competitive AI MODEL, public cloud, e-commerce, international commerce & many many more. I'm now very happy with my holding in Alibaba than ever on the management direction capabilities & execution. They need to write this turnaround story into business books. Jack will end up the most legendary celebrated entrepreneur in China for inspiring so many lives. Thanks 😊
Taobao together with Dhgate appears to be unlikely beneficiaries of the tariffs war. With 145% tariffs on Chinese products coming into the US, big brands aren't going to swallow the tariffs cost & hurts their bottom line. They're cutting decades long Chinese manufacturing partners out leaving these partners facing no buyers for their top quality products. Instead, they went on TikTok to spill the beans on big brands supply chain secrets & profitability spurring this latest trend of buying directly from manufacturers. Taobao is currently Top 3 downloaded app on both iOS & Android phones in the US. Wind is finally shifting. Jack Ma was right to shift group's focus back to Taobao. Best wishes. Cheers 🥂
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