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Alibaba Earnings: Shares are up 60% Since Jan 1st

February 20, 2025 No Comments

Alibaba Group shares are up 60% since Jan 1st, less than 2 months ago. Today Alibaba reported earnings. Two main units Cloud and eCommerce did great. Cloud unit earnings were up 13 yoy.

Main reasons for the stock to rise 60% in short period are surfacing/visibility of Jack Ma and better business execution. Stock was under intense pressure because of their leader, Jack Ma, being haggled by Chinese authorities for quite a while.

Alibaba Cloud Decides to Split 1

May 18, 2023 No Comments

Alibaba Group approved the split into an independent company

On Thursday, May 18, 2023 Alibaba Group approved a full spinoff of the Cloud Intelligence Group via a stock dividend distribution to shareholders. The goal is to complete the public listing within next 12 months. In March 2023, Alibaba announced plans to restructure into six units following a Chinese government’s lengthy regulatory crackdown on China’s tech sector.

Remember, at global scale, Alibaba Cloud is rated #4 (after AWS Azure and Google Cloud) in public cloud infrastructure as a service providers’ list! Split news was part of Q4 earnings released on May 18, 2023. This quarter Alibaba Cloud had revenue decline of -2% as compared to estimates of +6% growth.

My POV Chinese companies are having hard time fighting the trust issue, mainly being so close to Chinese Government, not by choice but by necessity.

Pic source: Statista April 28, 2023 report.

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