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China's Alibaba Beats Quarterly Revenue Estimates, Profit Drops

Alibaba Stock Drops over 2% After Earnings Report.

China's Alibaba Beats Quarterly Revenue Estimates, Profit Drops

# Earnings & Estimates

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Bonta
·05-14
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Ya. Thats y i mentioned about the reversal. But then option selling is management of risk. Focus on many small gains is better than making big bets. [Cool]
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Pilates
·05-14
Lol baba never fails to drop after earnings. Lol hahahahhahahaa
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What's in focus?","image":"https://community-static.tradeup.com/news/dc18b55f50cc4b6c035031de21e3d6d2"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Ha! <a href=\"https://ttm.financial/U/4109646601429430\">@Bonta</a> 🥲🥲🥲🥲</p></body></html>","htmlText":"<html><head></head><body><p>Ha! <a href=\"https://ttm.financial/U/4109646601429430\">@Bonta</a> 🥲🥲🥲🥲</p></body></html>","text":"Ha! @Bonta 🥲🥲🥲🥲","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/305766562050136","repostId":1100762122,"repostType":4,"repost":{"id":"1100762122","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1715693763,"share":"https://www.laohu8.com/m/news/1100762122?lang=&edition=full","pubTime":"2024-05-14 21:36","market":"us","language":"en","title":"China's Alibaba Beats Quarterly Revenue Estimates, Profit Drops","url":"https://stock-news.laohu8.com/highlight/detail?id=1100762122","media":"Reuters","summary":"Alibaba Stock Drops over 2% After Earnings Report.","content":"<html><head></head><body><p>May 14 (Reuters) - China&#39;s Alibaba Group Holding beat analysts&#39; estimates for fourth-quarter revenue on Tuesday, as a focus on low-cost goods in response to cautious consumer spending helped boost domestic e-commerce sales in the three-month period.</p><p>Its U.S.-listed shares, however, fell 6.1% in morning trading, as profit fell about 86% in the fourth quarter.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/275fb1056ed51fc1a23b61af8f074296\" tg-width=\"843\" tg-height=\"627\"/></p><p>Consumers in China have been spending carefully after the pandemic amid an economic slowdown and property slump.</p><p>Analysts expected strong growth from Alibaba&#39;s international digital commerce arm, given its investments in building global market share and appetite among global consumers for low-cost goods from China.</p><p>Analysts expect a 39% revenue rise in the segment, according to LSEG data.</p><p>The company reported revenue of 221.87 billion yuan ($30.66 billion)in the three months ended March 31, compared with a consensus estimate of 219.66 billion yuan, according to LSEG data.</p><p>Net income in the March-quarter was 3.27 billion yuan ($451.94 million), compared with 23.52 billion yuan a year ago.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5a7909bc39c9fdb3ea69a79b0a62523\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>($1 = 7.2355 Chinese yuan renminbi)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's Alibaba Beats Quarterly Revenue Estimates, Profit Drops</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's Alibaba Beats Quarterly Revenue Estimates, Profit Drops\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-14 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 14 (Reuters) - China&#39;s Alibaba Group Holding beat analysts&#39; estimates for fourth-quarter revenue on Tuesday, as a focus on low-cost goods in response to cautious consumer spending helped boost domestic e-commerce sales in the three-month period.</p><p>Its U.S.-listed shares, however, fell 6.1% in morning trading, as profit fell about 86% in the fourth quarter.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/275fb1056ed51fc1a23b61af8f074296\" tg-width=\"843\" tg-height=\"627\"/></p><p>Consumers in China have been spending carefully after the pandemic amid an economic slowdown and property slump.</p><p>Analysts expected strong growth from Alibaba&#39;s international digital commerce arm, given its investments in building global market share and appetite among global consumers for low-cost goods from China.</p><p>Analysts expect a 39% revenue rise in the segment, according to LSEG data.</p><p>The company reported revenue of 221.87 billion yuan ($30.66 billion)in the three months ended March 31, compared with a consensus estimate of 219.66 billion yuan, according to LSEG data.</p><p>Net income in the March-quarter was 3.27 billion yuan ($451.94 million), compared with 23.52 billion yuan a year ago.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a5a7909bc39c9fdb3ea69a79b0a62523\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>($1 = 7.2355 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100762122","content_text":"May 14 (Reuters) - China's Alibaba Group Holding beat analysts' estimates for fourth-quarter revenue on Tuesday, as a focus on low-cost goods in response to cautious consumer spending helped boost domestic e-commerce sales in the three-month period.Its U.S.-listed shares, however, fell 6.1% in morning trading, as profit fell about 86% in the fourth quarter.Consumers in China have been spending carefully after the pandemic amid an economic slowdown and property slump.Analysts expected strong growth from Alibaba's international digital commerce arm, given its investments in building global market share and appetite among global consumers for low-cost goods from China.Analysts expect a 39% revenue rise in the segment, according to LSEG data.The company reported revenue of 221.87 billion yuan ($30.66 billion)in the three months ended March 31, compared with a consensus estimate of 219.66 billion yuan, according to LSEG data.Net income in the March-quarter was 3.27 billion yuan ($451.94 million), compared with 23.52 billion yuan a year ago.($1 = 7.2355 Chinese yuan renminbi)","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":17,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":305768021409880,"gmtCreate":1715685645482,"gmtModify":1715685650335,"authorId":4109646601429430,"author":{"id":4109646601429430,"authorId":4109646601429430,"name":"Bonta","avatar":"https://community-static.tradeup.com/news/e546b51e8ccbae6d6780649412c2f67e","vip":1,"currentWearingBadge":{"badgeId":"e93d6aec3f8541a685bf0bdf8480c06e-5","templateUuid":"e93d6aec3f8541a685bf0bdf8480c06e","name":"Ace trader","description":"Top 10","bigImgUrl":"https://community-static.tradeup.com/news/71a2286cf1c2ed4ac872db75d2914b4d","smallImgUrl":"https://community-static.tradeup.com/news/95cd664634e0cafd4dd538f723a13053","grayImgUrl":"https://community-static.tradeup.com/news/f027bafd492bdca554224ca0bfb51d8f","redirectLinkEnabled":1,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5500},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.06.05","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":305766562050136,"type":1,"supId":0,"prevId":0,"content":"Ya. Thats y i mentioned about the reversal. But then option selling is management of risk. Focus on many small gains is better than making big bets. [Cool]","text":"Ya. Thats y i mentioned about the reversal. But then option selling is management of risk. Focus on many small gains is better than making big bets. [Cool]","html":"Ya. Thats y i mentioned about the reversal. But then option selling is management of risk. Focus on many small gains is better than making big bets. [Cool]","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":305768670142536,"gmtCreate":1715685715869,"gmtModify":1715685720503,"authorId":4094752757272870,"author":{"id":4094752757272870,"authorId":4094752757272870,"name":"Pilates","avatar":"https://static.tigerbbs.com/c55ff72a66cb721523bb2c3f78abefc9","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.05","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.06.05","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":305766562050136,"type":1,"supId":0,"prevId":0,"content":"Lol baba never fails to drop after earnings. Lol hahahahhahahaa ","text":"Lol baba never fails to drop after earnings. Lol hahahahhahahaa ","html":"Lol baba never fails to drop after earnings. Lol hahahahhahahaa ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}