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E-commerce Remains Alibaba’s Cash Cow
Article

E-commerce Remains Alibaba’s Cash Cow

36Kr, 2019

自动生成的音频
自动生成的音频

Editorial Rating

8

Qualities

  • Comprehensive
  • Analytical
  • Concrete Examples

Recommendation

Alibaba did it again: Its revenue registers a year-on-year growth of 41% on its Q3 2018 fiscal report, even when China’s economy is slowing down. However, data from individual sections indicate a few weak spots. Zhang Xinyu, a senior writer for 36Kr, a media platform that provides business information, points out that Alibaba’s e-commerce division is robust, but other sections are struggling. He examines the cause of the contrast in a clinical manner, fleshing out his views with numbers and details. His analysis is thorough, but his predictions lack specificity. Many readers with a little prior knowledge will, for example, miss information on how Alibaba plans to commercialize its newsfeed function.

Take-Aways

  • Alibaba’s Q3 quarterly financial report for the fiscal year 2018 shows growth both in revenue and in net income attributable to ordinary shareholders.
  • Alibaba owed this financial advancement to the efficiency of its e-commerce section.
  • Alibaba’s core business – e-commerce platforms Taobao and Tmall – will continue to fuel the company’s development.

About the Author

Zhang Xinyu is a senior writer for media platform 36Kr, which provides information on business and technology, while also featuring financial services.


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