Shares & Derivatives
Alibaba’s 2Q2021 Earnings: Is it still a buy?
By Dr Wealth  •  August 9, 2021
Alibaba recently published its quarterly report. As investors, you must be curious about its performance and how the crackdown has affected its earnings. With that, let’s take a look at its report and see how Alibaba has fared in the face of the government’s crackdown on food delivery, private tutoring, gaming, and other industries. For a recap, check out my earlier article for a summary of Alibaba’s business, in which I broke down the company’s operations and offered my opinion on its valuation. A short run-through of Alibaba business from the previous article: In total, Alibaba’s core commerce business makes up 87% of the total company revenue from its range of sub business like Taobao, Tmall, AliExpress, Lazada, Cainiao and many more. Other than e-commerce, Alibaba has been investing heavily in its Cloud Computing business. As of FY2021, its cloud computing segment makes up 8% of the companies total revenue. The remaining 5% comes from:...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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