baba revenue 2020
Alibaba revenue for the twelve months ending December 31, 2020 was $93.884B, a 32.13% increase year-over-year. The segment’s top-line growth was driven by consolidation of Alibaba Pictures. Alibaba Group Holding Limited () beat revenue and profit estimates for the second quarter of 2020, allowing the stock to gain 1.9% in premarket hours on Friday.. Total revenues of RMB119 billion ($16.6 billion) was up 40% year-over-year, and ahead of the consensus target of $16.4 billion. Operating margin was 25%, up 200 basis points year over year. The international e-commerce market is expected to increase at an annual growth rate of about 11% through 2025.Alibaba is growing its e-commerce segment at a higher rate than that. The increase was driven by revenue growth from AliExpress and Lazada.International commerce wholesale business (1% of total revenues) — This business generated revenues of RMB2.46 billion (US$353 million), increasing 13% from the prior-year quarter. Also, revenues surpassed the Zacks Consensus Estimate of US$22.68 billion. In Q2 2020, Alibaba reported revenues of $22.84 billion with diluted EPS of $1.54, or non-GAAP diluted EPS of $2.65. Why Alibaba (BABA) Could Beat Earnings Estimates Again May. The company had 4,400 permanent employees in 2007, and the number of employees rose to around 66,500 by 2018. China commerce wholesale business (2% of total revenues) — This business generated revenues of RMB3.4 billion (US$483 million), reflecting a 25% increase from the year-ago quarter. It reported revenues of RMB161.5 billion (US$23.19 billion), up 38% from the prior-year quarter. Its revenue was up 36.9% on a year-over-year basis. When Alibaba (NYSE: BABA) traded at an all-time high of $230 at the start of 2020, China’s e-commerce giant enjoyed nothing but good news. August 20, 2020, 6:40 AM EDT Updated on August 20, 2020, 9:14 PM EDT Net income and revenue both beat estimates in e-commerce boom Alibaba faces … Annual active consumers on our China retail marketplaces reached 779 million for the twelve months period ended December 31, 2020, an increase of 22 million from the twelve months period ended September 30, 2020. Alibaba is less concerned with margin expansion and more interested in maximum revenue growth. Alibaba Group Holding's revenue for the three months ended in Dec. 2020 was $33,809 Mil.Its revenue for the trailing twelve months (TTM) ended in Dec. 2020 was $94,570 Mil.Alibaba Group Holding's Revenue per Share for the three months ended in Dec. 2020 was $12.28.Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2020 was $34.47. Also, the bottom line increased 49% year over year. Other top-ranked stocks in the broader technology sector include Itron, Inc. ITRI, Splunk Inc. SPLK and Agilent Technologies A, each carrying a Zacks Rank #2.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Core Commerce: This segment comprises marketplaces operating in retail and wholesale commerce in China, and international commerce. In the same quarter last year, Alibaba's revenue was $23.07 billion. The increase was due to a rise in average revenues from paying members on 1688.com, strength in domestic wholesale marketplace and revenue growth from Lingshoutong.International commerce retail business (5% of total revenues) — Revenues in the quarter were RMB7.4 billion (US$1.06 billion), increasing 27% year over year. The year-over-year revenue increase was driven by strength in the company’s China commerce retail business and cloud computing. Analysts expect year-over-year ( YOY ) growth in adjusted earnings per share ( EPS ) and revenue to … Annual Active Consumers — China retail marketplaces had 711 million annual active buyers, reflecting 11.8% year-over-year growth and 2.6% sequential improvement. The market expects the company’s revenue to increase 61.7% for the quarter ending December 2020, 46.6% in 2021 and 30.9% in 2022. China commerce retail business(68% of total revenues) — The business vertical’s revenues in the quarter were RMB110.5 billion (US$15.9 billion), reflecting an increase of 36% year over year. Revenues in the quarter were RMB1.86 billion (US$268 million), up 40% year over year, driven by an increase in revenues from Amap. Dec. 31, 2020: 33.34B Sept. 30, 2020: 22.39B June 30, 2020: 21.68B ... Revenue is an extremely important metric when analyzing a company. Net cash flow from operations was RMB96.5 billion (US$13.9 billion) and free cash flow was RMB78.3 billion (US$11.2 billion) in the fiscal third quarter. In 2019 the company made a revenue of $75.36 B an increase over the years 2018 revenue that were of $53.22 B.The revenue is the total amount of income that a company generates by the sale of goods or services. What is the market capitalization of a company. #TradeTalks: Can we expect further market weakness, or is this pullback a buying opportunity? The growth was due to an increase in the number of paying members on the alibaba.com platform. A company with efficient margins is able to turn revenues into the most net income. These symbols will be available throughout the site during your session. Digital Media and Entertainment: The segment operates businesses through media properties that include UCWeb, Youku Tudou, OTT TV service, Alibaba Music and Alibaba Sports. Copy and paste multiple symbols separated by spaces. © 2021, Nasdaq, Inc. All Rights Reserved. The … The details of these segments are discussed below. Within Services sector 8 other companies have achieved higher receivable turnover ratio. November 5, 2020, 6:50 AM EST Updated on November 5, 2020, 8:58 PM EST Sales growth of 30% slowest on record for September quarter Alibaba and Richemont invest in … Alibaba Group Holding Ltd. (BABA) shares fell by almost 2% on February 13 after reporting better than expected fiscal third quarter 2020 results. The business had revenue of $221.08 billion for the quarter, compared to analyst estimates of $214.39 billion. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Alibaba annual revenue for 2019 was $56.152B, a 40.74% increase from 2018. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 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