Summary of E-commerce Remains Alibaba’s Cash Cow

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E-commerce Remains Alibaba’s Cash Cow summary
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8 Overall

8 Applicability

8 Innovation

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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.

 

Summary

According to Alibaba’s Q3 quarterly financial report for the fiscal year 2018, released in January, the company’s revenue totaled ¥117.278 billion ($17.5 billion), a year-on-year increase of 41%. Its net income attributable to ordinary shareholders grew by 37%, reaching ¥33.052 billion.


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