Analyst, qcAlpha Earnings Coverage, Zero One

Vincent Fernando, CFA

Analyst, qcAlpha Earnings Coverage

Zero One

Founded in 2015, Zero One produces independent investment research and provides corporate finance advisory services with a focus on both listed and private technology companies. Founder Vincent Fernando has over 20 years of experience in US and Asia capital markets.

Independent Investment Research

Equity Bottom-Up

Alibaba Group Holding  / Equity Bottom-Up

<div class="content-highlight"><h2><strong>What You Need to Know</strong></h2></div><ul>
<li>
<strong>Alibaba reported 2Q17 revenue of RMB34.3 billion, 55% higher YoY, and an adjusted diluted EPS of US$0.79, 39% higher YoY. </strong>Revenue was 2.2% higher than expected while EPS beat consensus by 14.5%.</li>
<li>
<strong>Alibaba’s core commerce’s revenue increased by 41% YoY to RMB28.5 billion. </strong>This is higher than the broader online China retail sales market, which only grew by 25%.</li>
<li>
<strong>The Company is increasingly monetizing on a larger customer base. </strong>Mobile MAU increased to 450 million in 3Q16, while…</li>
</ul>

What You Need to Know

Alibaba reported 2Q17 revenue of RMB34.3 billion, 55% higher YoY, and an adjusted diluted EPS of US$0.79, 39% higher YoY. Revenue was 2.2% higher than expected while EPS beat consensus by 14.5%.

Alibaba’s core commerce’s revenue increased by 41% YoY to RMB28.5 billion. This is higher than the broader online China retail sales market, which only grew by 25%.

The Company is increasingly monetizing on a larger customer base. Mobile MAU increased to 450 million in 3Q16, while…


Alibaba 2Q17 Earnings: Revenue and EPS Beat; AliCloud Losses Narrow