$Alibaba (BABA.US)$ Q2 2024 "Our focus on enhancing user ex...
$Alibaba (BABA.US)$ Q2 2024
"Our focus on enhancing user experience by offering quality products at attractive prices with great service led to stabilizing market share of Taobao and Tmall Group as we returned the business on the growth trajectory." - Eddie Wu, CEO
Revenue +4%
*Taobao & Tmall -1%
*Cloud Intelligence +6%
*Int. Digital Commerce +32%
EBIT -15%
*marg. 15 (18)
EPS -26%
FCF -56%
"Our focus on enhancing user experience by offering quality products at attractive prices with great service led to stabilizing market share of Taobao and Tmall Group as we returned the business on the growth trajectory." - Eddie Wu, CEO
Revenue +4%
*Taobao & Tmall -1%
*Cloud Intelligence +6%
*Int. Digital Commerce +32%
EBIT -15%
*marg. 15 (18)
EPS -26%
FCF -56%
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104255742 : Lol got stabilised meh, downward trend lol
103096943 : Ai spending very high, even Amazon also affected. Not just the Baba problem.