bearish

Alibaba 4QFY23: Concerns Surrounding Taobao and Tmall, Disappointing IPO-Bound Cloud & Cainiao

616 Views18 May 2023 22:17
Alibaba's IPO-bound Cainiao saw a lower YoY revenue growth rate of 17.6%. The Cloud unit experienced a 2.1% YoY revenue decline, its first recorded decline, amid government's cloud nationalization.
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Oshadhi Kumarasiri
Equity Analyst
LightStream Research
JapanEquity Bottom-UpEquity Capital Markets
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