2015-05-07

Alibaba Group, Quarterly and FY2015, Earnings Conference Call May 7th

UPDATE: Alibaba shares are trading up after releasing financial results earlier today (see below). The company also announced COO Daniel Zhang is its new CEO, effective May 10; current CEO Jonathan Lu will stay on board as vice chairman, joining Joseph Tsai in holding that title. Jack Ma remains executive chairman. BABA Stock News - Alibaba Group Holding Limited Stock | Seeking Alpha: "Revenue growth accelerated to 45% Y/Y from FQ3's 40%. Chinese marketplaces GMV rose 40% to RMB600B ($96.6B), a slowdown from FQ3's 49%. Mobile accounted for 51% of GMV, up from 42% in FQ3 and 36% in FQ2. Annual active buyers +5% Q/Q and +37% Y/Y to 350M."

Alibaba Group Holding Limited (BABA) Q4 2015 Results - Earnings Call Transcript | Seeking Alpha

Alibaba Names New Chief Executive and Reports Revenue Rise - NYTimes.com: "...Alibaba said that in the quarter that ended on March 31, its net profit was $463 million, down 49 percent from the same period a year earlier and below analyst forecasts. Alibaba’s revenue rose to $2.8 billion compared with a year earlier, roughly in line with the consensus analyst estimate. The company’s shares have sunk in recent months as Alibaba became involved in a public spat with a Chinese regulator over fake items on its shopping sites. It missed revenue targets last quarter. Though analysts generally agree that Alibaba’s long-term growth potential still lives up to the hype that surrounded its listing last year, many have become more cautious about whether the company can increase earnings in the coming months. One issue, they say, is that Alibaba makes less money from advertising on smartphones than it does on computers, yet more of its traffic comes via handsets..."

Alibaba Group stock chart
Alibaba Group stock chart (source:google.com)
Alibaba Group’s Earnings Conference Call for March Quarter and Fiscal Year 2015: Thursday, May 07, 2015, 7:30 am EDT (US)--access the webcast here.

Alibaba Group Holding Limited (NYSE: BABA) will report its financial results for the quarter and fiscal year ended March 31, 2015 before the U.S. market opens on Thursday, May 7, 2015, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day. A live webcast of the earnings conference call can be accessed at http://www.alibabagroup.com/en/ir/earnings.

An archived webcast will be available through the same link following the call. A replay of the conference call will be available for one week (dial-in number: +1 646 254 3697; conference ID: 29958120). Visit Alibaba Group’s Investor Relations website at www.alibabagroup.com/en/ir/home on May 7, 2015 to view the earnings release and accompanying slides prior to the conference call.

Alibaba Group Holding Limited (NYSE: BABA) launched its IPO in September 2014 and as its recent stock chart (see graphic above) shows, the stock has traded as high as $120.00 and as low as $80.03, with a market cap of $202 billion (as of May 4, 2015). Check stock price on Google search page.

About Alibaba Group: Alibaba Group’s mission is to make it easy to do business anywhere. The company is the largest online and mobile commerce company in the world in terms of gross merchandise volume. Founded in 1999, the company provides the fundamental technology infrastructure and marketing reach to help businesses leverage the power of the Internet to establish an online presence and conduct commerce with hundreds of millions of consumers and other businesses.

Through its HiChina ZhiCheng Technology Ltd. and HiChina Group Limited - http://www.hichina.com/ and http://www.net.cn - it offers domain name registrar services [ see ICANN accredited Registrars--Alibaba Cloud Computing Ltd. d/b/a HiChina (www.net.cn) (China) Aliyun Aliyun Tel: +86 1065985888 Email: regadm@list.alibaba-inc.com ] and new gTLD .XIN [Elegant Leader Limited].  Alibaba Group Holding Limited (NYSE:BABA) | Seeking Alpha: "Alibaba owns 270 subsidiaries through which it provides platform services for B2C and C2C businesses. Alibaba is presently expanding its products from e-commerce and online auction hosting to other industry services such as online money transfer, mobile commerce, online retail services, and cloud services."

Alibaba Group’s major businesses include:
  • Taobao Marketplace (www.taobao.com), China's largest online shopping destination
  • Tmall.com (www.tmall.com), China’s largest third-party platform for brands and retailers
  • Juhuasuan (www.juhuasuan.com), China’s most popular online group buying marketplace
  • Alitrip (www.alitrip.com), a leading online travel booking platform
  • AliExpress (www.aliexpress.com), a global online marketplace for consumers to buy directly from China
  • Alibaba.com (www.alibaba.com), China’s largest global online wholesale platform for small businesses
  • 1688.com (www.1688.com), a leading online wholesale marketplace in China
  • Alibaba Cloud Computing (www.aliyun.com), a provider of cloud computing services to businesses and entrepreneurs.

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