Alibaba did it again: Its revenue registers a year-on-year growth of 41% on its Q3 2018 fiscal report, even when China’s economy is slowing down. However, data from individual sections indicate a few weak spots. Zhang Xinyu, a senior writer for 36Kr, a media platform that provides business information, points out that Alibaba’s e-commerce division is robust, but other sections are struggling. He examines the cause of the contrast in a clinical manner, fleshing out his views with numbers and details. His analysis is thorough, but his predictions lack specificity. Many readers with a little prior knowledge will, for example, miss information on how Alibaba plans to commercialize its newsfeed function.
In this summary, you will learn
- What Alibaba’s Q3 quarterly financial report for the fiscal year 2018 shows,
- Why Alibaba’s core business – e-commerce – kept a strong momentum and
- Why Alibaba’s other business sections didn’t do well.
About the Author
Zhang Xinyu is a senior writer for media platform 36Kr, which provides information on business and technology, while also featuring financial services.