$Alibaba(BABA)$still has a very solid business. Chinese ruling will actually help make e-commerce a fair game for all players. It is going to benefit everyone in the long run.
No one is bigger than the Chinese government, as long $Alibaba(BABA)$don’t act like $DiDi Global Inc.(DIDI)$to challenge the rulesoutright and continue to cooperate, $Alibaba(BABA)$will continue to do well.
Alibaba EPS beats by RMB2.27, misses on revenue
$Alibaba$ posted financial result in premarket, which showed that:. Alibaba Q1 revenue RMB205.74 bln vs. RMB153.75 bln a year ago; FactSet consensus RMB209.11 bln.Alibaba Q1 adj. EPS RMB16.60 vs. RMB14.82 a year ago; FactSet consensus RMB14.33.Revenue was RMB205,740 million , an increase of 34% year-over-year. Excluding the consolidation of Sun Art, our revenue would have grown 22% year-over-year to RMB187,306 million .Annual active consumersof the Alibaba Ecosystem across the world reached app
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