12, 2021 at 7:58 a.m. "We're looking at focusing on higher value-added cloud enabled offerings that can truly create value for clients in different sectors.". Moreover, the EPS smashed the consensus estimate at $0.87. On Tuesday, Alibaba stock broke out above a 216.20 buy point in a cup … It remained the leading cloud service provider in the Asia Pacific region, including China. Highlights of the group’s earnings are in the infographics and summary below. May 22, 2020 • 8 Comments. Alibaba Group Holding Limited (BABA) Q2 2020 Earnings Call Transcript Alibaba Group Holding Limited (BABA) Q4 2019 Earnings Call Transcript Don’t Fear the Bull Alibaba beat earnings and revenue expectations while expects revenue growth to slow this year. No guidance regarding Covid-19 in Alibaba’s Q3 update. According to the filing, they claimed this demographic shake-up started in 2012, and continued in the years following the late 2015 separation of HP. It updated its hybrid cloud strategy during the quarter, with the launch of its Hybrid Cloud Partner Program and on-premises appliances targeting small and medium-sized businesses. Without these cookies we cannot provide you with the service that you expect. The company last week announced its Q4 and FY 19/20 results, with the annual headline figure of $71bn revenue representing 35 per cent year-on-year growth. To read Alibaba Group’s press release covering the results in greater detail, click here. Alibaba Q4 2020 Earnings Preview. NASDAQ estimates that the Alibaba Group will release its Q4 2021 earning results on May 28, 2021. Alibaba has revealed that its cloudy revenue grew 62 per cent in the year to 30 March 2020 for an annual run rate of US$5.6 billion. The case dates back to 2017 when two IBM sales people within months of each other closed similarly large software sales deals that led to vastly different commission payments. Alibaba Group Holding Limited 2020 Q4 - Results - Earnings Call Presentation. While there have been some rumblings over the years, the lengthy absence of a full new version hinted that all might not be well with one of the oldest Linux distributions and its band of contributors. To read Alibaba Group’s press release covering the results in greater detail, click here. Readers are cautioned that the releases on this page are maintained here solely for the purposes of providing historical background about Alibaba Group, its business and product or service offerings. Alibaba highlights for Q4; live streaming contributed RMB 400 billion GMV in 2020. Alibaba Reports December 2020 Quarter Earnings. Highlights of … Alibaba Group Holding's (BABA) fiscal fourth-quarter 2020 earnings are driven by a steady improvement in core commerce and strong cloud business. Wu noted a steady recovery since March. ", IaaS alone and offering cheaper ways to run IT are "kind of a low value-added offering and that's not really what Alibaba is about", he added. Thanks to the rapid recovery of China’s economy, Alibaba had another very healthy quarter,” said … These cookies are used to make advertising messages more relevant to you. Alibaba Cloud grew 54% in Q4 2020 to account for 6% of the total market. In Alibaba’s earnings report, CFO Maggie Wu commented that business has started picking up again following the pandemic-driven slump. Offers may be subject to change without notice. Apr. Docker Desktop for Apple Silicon has been released, although it's not quite the seamless conversion some may expect. Alibaba Group Holding Ltd. operates as a holding company. May 22, 2020 7:55 AM ET Alibaba Group Holding Limited (BABA) 8 Comments 5 … ", Zhang also signalled that Alibaba's cloud strategy is not rooted in IaaS, saying: "The cloud is not just a way of providing... infrastructure on the cloud to lower IT-related operating costs. If you're cool with that, hit “Accept all Cookies”. Investors are getting anxious that Tencent could become the next major target of a growing regulatory clampdown in China that has already ensnared Alibaba. Here are the important takeaways from Alibaba’s earnings report. Amid the pandemic, companies have been scrambling to shore up their liquidity to survive the storm. Requests for consumer data reached 24,798 during the second half of 2020, up from 24,093 during the previous six-month period, and quite a jump from the 21,781 for the same period in 2019. All the footage was taken by the Navy, and Gough confirmed the content was being investigated by the US government's Unidentified Aerial Phenomena (UAP) Task Force, a special unit focused on probing UFOs, which is led by the Navy and was created in August. Alibaba’s cloud revenue rose 58% YoY to $1.7 billion. GMV transacted in the Alibaba Digital Economy was RMB7,053 billion (US$1 trillion) for fiscal year 2020, which mainly included China retail marketplaces GMV of … The company last week announced its Q4 and FY 19/20 results, with the annual headline figure of $71bn revenue representing 35 per cent year-on-year growth. ... Q4 2020 … “China was the only major economy to achieve positive GDP growth last year. Image source: The Motley Fool. They allow us to count visits and traffic sources so that we can measure and improve the performance of our sites. [Operator Closing Remarks]. “Your Consent Options” link on the site's footer. As of the end of the fourth quarter of 2020, Alibaba Group Holding Limited was in 156 hedge fund portfolios, compared to 166 funds in the third quarter. When Will Ad Analytics Company DoubleVerify Go Public? Brendan Ahern was recently interviewed by CGTN News on Alibaba’s estimate-beating +37% YoY revenue growth in the fourth quarter of 2020. We wanted to make sure we included some fun features in the desk... to ensure people were still making time for themselves. Unauthorized copying or distributing is a violation of copyright law. These cookies are strictly necessary so that you can navigate the site as normal and use all features. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Alibaba's mobile user MAU Q4 2017-Q4 2020 Published by Yihan Ma , Feb 23, 2021 Alibaba Group’s sales came out ahead of expectations, rocketing 38 percent in the most recent quarter, per the Chinese online shopping company's earnings report. Alibaba has revealed that its cloudy revenue grew 62 per cent in the year to 30 March 2020 for an annual run rate of US$5.6 billion. March Quarter 2020 and Full Fiscal Year 2020 Results. Alibaba’s earnings beat analyst estimates for the first three quarters. Cloud infrastructure services spend in China grew 62% in Q4 2020 to US$5.8 billion. A luxury desk designed based on what Brits "want to see" in their home office setup is not sure what it wants to be. The company has planned to invest $28 billion in the cloud business over the next three years . Whereas in China, that developer ecosystem and SaaS is just starting to get going, and Alibaba very much looks forward to partnering with developers to jointly create a very robust ecosystem in China. Accessed Jan. 31, 2021. Alibaba's mobile user MAU Q4 2017-Q4 2020; Total number of cross-border AliExpress buyers 2012-2018; Further related statistics. Alibaba’s earnings report shows that the company’s cash balance is $50.7 billion compared to $49 billion in the previous quarter. Other Ticker Details BABA Company Name Alibaba Group Holding Limited Earnings Call Date 2-Feb-2021 Time (ET) 7:30 AM Fiscal Quarter Q4 ", As technical director Stuart Kerr explained: "With the shift to working from home, we saw an opportunity to create a desk concept that would meet the needs of British home workers. The company will invest $28 billion in the next three years to expand its cloud revenue. The core commerce division registered a 19% YoY revenue jump to $13.2 billion. Accessed Jan. 31, 2021. But Alibaba execs chose not to measure that success on a global scale. Find quality Manufacturers, Suppliers, Exporters, Importers, Buyers, Wholesalers, Products and Trade Leads from our award-winning International Trade Site. Notably, core commerce is Alibaba’s biggest business. ®. Alibaba wrapped up the March quarter with 726 million active shoppers across its platforms. Miller Value Partners, in their Q4 2020 Investor Letter, said that Alibaba Group Holding Limited (NYSE: BABA) was a top detractor for their portfolio in the fourth quarter of 2020.Alibaba … That level of spending – $2.3bn a quarter – would account for around 7 per cent of global hyperscale spending. Alibaba Tops Fiscal Q4 Earnings: ETFs in Focus - May 26, 2020 - Zacks.com Rejecting all this in a lengthy statement posted to its website this afternoon, Positive said: "Our global mission is to create products and technologies to improve cybersecurity around the world and to ensure conditions for the most efficient prevention of cyberattacks for the benefit of society, business, and government agencies.". Alibaba’s Q3 financial results were released … IBM, Oracle and Salesforce would also claim higher cloud revenues, although like Microsoft they all mash IaaS, SaaS and other hosted offerings into their cloud numbers. People had to stay home and physical retail stores closed to curb the spread of COVID-19. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Alibaba shares jump after record antitrust fine by … Corporate Participants: Ron Lin — Head, Investor Relations. Analysts polled by Factset have given a... 2. Find the latest Earnings Report Date for Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) at Nasdaq.com. Earnings per … With us are Daniel Zhang, Executive Chairman and CEO; Joe Tsai, Executive Vice Chairman; Maggie Wu, Chief Financial Officer. Well, sorry, it's the law. “This is an exciting time for NASA and especially the Artemis team,” said Lisa Watson-Morgan, program manager for HLS at NASA’s Marshall Space Flight Center in Huntsville, Alabama. It updated its hybrid cloud strategy during the quarter, with the launch of its Hybrid Cloud Partner Program and on-premises appliances targeting small and medium-sized businesses. All of which sounds a lot like the strategies pursued by hyperscalers everywhere: start with IaaS, make sure top application vendors run well in your cloud, then add native services that suit certain customers so you're an easier IaaS decision. People may receive compensation for some links to products and services on this website. It updated its hybrid cloud strategy during the quarter, with the launch of its Hybrid Cloud Partner Program and on-premises appliances targeting small and medium-sized businesses. At least they used to. Data as of 2021-03-23 12:22:23 -0400. Today, Alibaba (NYSE:BABA) reported its results for the fourth quarter of fiscal 2020, which ended in March. On Thursday, a federal jury in Seattle, Washington, found that former IBM sales manager Scott Kingston had been unlawfully fired by the company and denied sales commission after challenging the treatment of subordinates as racially biased. Yesterday the US Treasury declared that Positive was selling weaponised infosec tech to the Russian government and ran recruiting events for state hacking agencies, which some Western news outlets have interpreted as meaning the company's flagship Positive Hack Days events. Alibaba highlights for Q4; live streaming contributed RMB 400 billion GMV in 2020 In December 2020, Alibaba’s China retail marketplaces had 902 million mobile MAUs, according to its announced financial results. The CFO projects that the company’s revenue for fiscal 2021 will top $91 billion. In the interview, Brendan discusses Alibaba’s potential for growth, recent regulatory scrutiny of internet firms worldwide, and more. The engineers from Purdue University, Air Squared and Whirlpool are working on a refrigerator that will function in different orientations as well as the one more suited to domestic kitchens on Earth. Alibaba’s Q3 financial results were released on 13 February... 3. Total expenditure broke a new record with an increase of US$2.2 billion compared to Q4 2019 and US$740 million over last quarter according to the latest Canalys data. Davis International Fund, in their Q4 2020 investor letter, mentioned Alibaba Group Holding Limited (NYSE: BABA) and shared their insights on the company. Alibaba Group Holding Limited (BABA) Q3 2021 Earnings Call February 3, 2021 In "Earnings Calls". (MFTranscribers) Mar 16, 2021 at 4:00AM. May 22, 2020 May 22, 2020. They perform functions like preventing the same ad from continuously reappearing, ensuring that ads are properly displayed for advertisers, and in some cases selecting advertisements that are based on your interests. Alibaba annual/quarterly revenue history and growth rate from 2011 to 2020. Chinese e-commerce giant Alibaba has posted strong results for the last quarter of 2020. It remained the leading cloud service provider in the Asia Pacific region, including China. BABA earnings call for the period ending December 31, 2019. For more info and to customise your settings, hit Although IFA organisers were not forced to cancel the 2020 edition, as was the case with the GSMA's Mobile World Congress, they did have to scale back the event massively. It's also an opportunity for companies to leverage on big data and cloud-enabled computing capacity to achieve better efficiencies and drive value for the business. In the interview, Brendan discusses Alibaba’s potential for growth, recent regulatory scrutiny of internet firms worldwide, and more. Alibaba stock dropped 5.9%, closing at 199.70 on the stock market today . 04:16 PM ET 05/22/2020; Alibaba reported quarterly results before the market open Friday that beat estimates as total gross merchandise volume for the year hit a record $1 trillion. Instead the company said it had "maintained its leadership position in Asia Pacific's cloud computing market". Outlook for TuSimple Stock After Lackluster Listing. Image source: The Motley Fool. Since the beginning of the year, BABA delivered a -0.93% return, while its 12-month gains are up by … Alibaba annual/quarterly revenue history and growth rate from 2011 to 2020. 26/F TOWER ONE CAUSEWAY BAY, HONG KONG. Instead, it ran in just four halls of the massive exhibition centre, with attendance capped at just 1,000. Log in. BABA. ) However, China’s economy continues to reopen, which offers hope for investors in companies like Alibaba. In Q4 the company won $16bn of revenue. We measure how many people read us, Leo Sun (TMFSunLion) Dec 3, 2020 … Alibaba Cloud grew 54% in Q4 2020 to account for 6% of the total market. Highlights of the group’s earnings are in the infographics and summary below. Alibaba Group Holding Limited 2020 Q4 - Results - Earnings Call Presentation. Alibaba looks like it can brave the pandemic. Alibaba Group Holding Ltd. "Form 20-F for the fiscal year ended March 31, 2020," Pages iv & 77. Just like JD.com (NASDAQ:JD) before, Alibaba’s earnings report delivered strong numbers across its revenue and profit. The releases contained on this page may contain dated information. Alibaba Termine: Hier finden Sie die Termine-Seite für den Wert Alibaba In a second incident, pilots captured a device that rotated as it flew, and in the third image an object hovered in front, CNN reported. I earlier mentioned that Alibaba is likely to be profitable at EBITDA levels in Q4 2020. Cloud infrastructure services spend in China grew 62% in Q4 2020 to US$5.8 billion. It remained the leading cloud service provider in the Asia Pacific region, including China. Going into the quarter, the company warned that its commerce revenue could dip. Earnings per … Games room specialist Liberty Games says it undertook research to discover UK remote workers' ideal desk and whipped up a concept that "meets all your working-from-home needs. Microsoft rejected 25.81 per cent of requests in the last six months of 2020, up on the 20.14 per cent of the same period in 2019. Microsoft has had a busy six months if its latest biannual digital trust report is anything to go by as law enforcement agencies crept closer to making 25,000 legal requests. Alibaba Group Holding Limited (BABA) Q4 2020 earnings call dated May 22, 2020 Corporate Participants: Ron Lin -- Head, Investor Relations Daniel Zhang -- Executive Chairman. Share this: Brendan Ahern was recently interviewed by CGTN News on Alibaba’s estimate-beating +37% YoY revenue growth in the fourth quarter of 2020. Beard was paid about 15 per cent of what he should have received under his agreement with IBM, despite a company policy not to cap sales commissions. Market Realist is a registered trademark. Boffins are set to get a ride on the Zero Gravity Corporation's "weightless research lab" to test a refrigerator designed for jaunts to orbit, the Moon or even Mars. If people say no to these cookies, we do not know how many people have visited and we cannot monitor performance. Canalys: Record breaking spend grows 62% in Q4 2020 to US$5.8 billion. The pandemic impacted product manufacturing and delivery. “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter ended December 31, 2020. Alibaba's shares initially slumped after reporting earnings that beat estimates for Q4 FY 2020, which ended March 31, 2020. 4 key considerations ahead of Alibaba’s Q4 2020 earnings 1. and ensure you see relevant ads, by storing cookies on your device. Brendan Ahern Discusses Alibaba’s Q4 2020 Results on CGTN February 2, 2021 . The number increased from 711 million in the December quarter. If you enjoy this video, please support by subscribing to my channel. Here's an overview of our use of cookies, similar technologies and QFIN earnings call for the period ending December 31, 2020. It is unclear if that would accelerate Alibaba beyond its rivals in terms of reach and scope of its cloud. Alibaba recently announced a plan to spend $28bn on cloud software and infrastructure in the next three years to build beyond its current Asian stronghold. (MFTranscribers) Feb 13, 2020 at 8:00PM. The company's cloud was mentioned as a contributor to the results and to achieving annual targets. 21Vianet Group, Inc. (VNET) Q4 2020 Earnings Call March 26, 2021 In "Earnings Calls". Before Alibaba’s earnings report, studies showed that the company continues to dominate the cloud market in China. Alibaba steps up for community group buying market in China . Alibaba's mobile user MAU Q4 2017-Q4 2020. Like most events, IFA has been acutely affected by the pandemic, which has disrupted international travel and resulted in the imposition of social distancing rules by governments across the world. Dossier … Motley Fool Transcribers. NASA will use its own much-delayed SLS booster to launch four astronauts into orbit and make the trans-lunar injection burn – pointing them Moon-ward, basically – and then two of the 'nauts will transfer to SpaceX hardware to touch down. The consensus EPS Estimate is … Sue Gough, a spokeswoman for the Pentagon, referred to those objects as being shaped like a “sphere,” or “acorn" and called the last one a "metallic blimp." Alibaba Hasn't Given up on This High-Growth Market The e-commerce and cloud giant has quietly built a billion-dollar gaming business. Alibaba's total revenue came in at 221.08 billion yuan ($33.88 billion) for the December quarter, beating analysts' estimates of $214.4 billion yuan. By way of comparison, Alibaba's $5.6bn cloud revenue trails Microsoft ($44bn, although that figure covers Azure and other hosted offerings), AWS ($35bn) and even Google ($10bn). In Q4 the company won $16bn of revenue. Alibaba stock price target cut to $330 from $350 at Raymond James. Is Apple Stock Expected to Rise After the ‘Spring Loaded’ Event? Alibaba Group today announced financial results for the quarter ended Dec. 31, 2020. Analysts Turn Positive on Snap, Stock Might Have 60 Percent Upside. Operator. On a call with investors Alibaba CEO and executive chairman Daniel Zhang was asked to compare his cloud to others and said: "I would say that in the U.S. and in other more developed markets, the SaaS and the whole ecosystem, developers are more mature already. Its launch could seriously challenge Pinduoduo’s market share whose total annual active buyers exceeded Alibaba as of Q4 2020. Alibaba's total revenue came in at 221.08 billion yuan ($33.88 billion) for the December quarter, beating analysts' estimates of $214.4 billion yuan. Thank you! Brendan Ahern Discusses Alibaba’s Q4 2020 Results on CGTN. And different kinds of algorithms and analytics will be developed in the cloud for different sectors for different verticals, different products, solutions to meet those needs, and unleash new value for them. The company also revealed that across the year it worked with 960 million customers, 180 million of them outside China. COMMUNICATIONS: INTERNET. Infographic: Key highlights of Alibaba (BABA) Q4 2020 earnings results. Oakmark Global Select Fund, in their Q4 2020 investor letter, mentioned Alibaba Group Holding Limited (NYSE: BABA) and emphasized their views on the company. ALIBABA GROUP HOLDING LIMITED company earnings calendar and analyst expectations - Upcoming and past events | Nyse: BABA | Nyse. I think the sleek and modern aesthetic of the desk and the cool features make this desk one of a kind. ALIBABA Termine - hier erhalten Sie eine Übersicht über alle anstehenden und vergangenen Termine wie Quartalszahlen und Hauptversammlung von ALIBABA. “Customise Settings”. Photos and videos taken by US Navy officers of strange-shaped aircraft streaming across our skies a couple of years ago have been officially labelled as unidentified flying objects by Uncle Sam. Declaring that getting Docker Desktop working on Apple's M1 chip as "by far our most upvoted roadmap item ever," the company is naturally chuffed that container fans selecting Apple's latest hardware can now also crank out code using its tooling. Although Alibaba had strong results, the coronavirus outbreak weighed on economic activity across China in the first quarter of the calendar year. Alibaba delivered stronger-than-expected Q4 2020 earnings and sales as the coronavirus pandemic boosted consumers' online activities. Oh no, you're thinking, yet another cookie pop-up. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. The Forrester Wave™: Graph Data Platforms, Q4 2020 The 12 Providers That Matter Most And How They Stack Up. The company posted an adjusted EPS of $1.30, which rose from $1.28 a year ago. The Company provides Internet infrastructure, e-commerce, online financial, and Internet content services through its subsidiaries. In Q4 the company won $16bn of revenue. The idea is to give astronauts access to food not necessarily freeze-dried or squirted out of a packet (and liberally dosed with hot sauce.). Alibaba reported revenue of $16.1 billion, which rose 22% year-over-year and beat the consensus estimate at $15.3 billion. Positive Technologies has hit back at the US government's "groundless accusations" that it helped the Russian state carry out cyber attacks against the West – by highlighting how "government agencies of different countries" use its products. However, the commerce business benefited from a surge in online shopping. ET by Tomi Kilgore. Alibaba Cloud grew 54% in Q4 2020 to account for 6% of the total market. Created by Patrick Volkerding (who still lays claim to the title Benevolent Dictator For Life), the current release version arrived in the form of 2016's 14.2. Alibaba (NYSE: BABA) is scheduled to announce Q4 earnings results on Friday, May 22nd, before market open. Total number of cross-border AliExpress buyers 2012-2018. These cookies collect information in aggregate form to help us understand how our websites are being used. Former HP workers who allege they were dismissed in order to clear a path for younger employees have been granted certification [PDF] for their proposed collective action by a California district court. So it's not just about saving costs on IT infrastructure, it's about driving value as well. The … Thank you. citationsforrester.com or 1 866-367-7378 5 The 12 Providers That Matter Most And How They Stack Up FIGUre 2 forrester Wave™: Graph data Platforms scorecard, Q4 2020 (cont.) Alibaba Posts Q4 2020 … Published on Mar 2, 2021 (Editor’s note: This article was originally published on Feb. 2, 2021.) Import & Export on alibaba.com Alibaba Group Holding Limited Q4 2020 earnings call dated May 22, 2020. Alibaba Group today announced financial results for the quarter ended Dec. 31, 2020. Motley Fool Transcribers. ", The Register - Independent news and views for the tech community. In their original complaint, the plaintiffs accused HPE and spin-off HP of violating federal and California age discrimination laws during a period of corporate restructuring by pushing out older workers while aggressively hiring younger ones. Alibaba: number of employees 2018, by department; Alibaba's segment revenue distribution Q4 2020; Number of Alibaba patents by filing year and legal status worldwide 1999-2019 how to manage them. Part of Situation Publishing, Biting the hand that feeds IT © 1998–2021, Big Blue, insisting it doesn't condone retaliation or discrimination, may appeal, Prepare yourself for an onslaught of 'you're holding the container wrong', Old people were let go while the CEO was talking about hiring a bunch of young people, says complaint, Company insists it's a legit operator that's here to help, It's floaty floaty vom time as boffins plan prototype cooler spin on modded 727, 25% were rejected, and it's less than 2013's figure... but be wary of what Redmond does with your information, Announcement light on safety details and the world still doesn't look ready, If only it had a built-in loo and pillow, then we could work 24/7, plan to spend $28bn on cloud software and infrastructure in the next three years, Unidentified Aerial Phenomena (UAP) Task Force, declared that Positive was selling weaponised infosec tech to the Russian government, was the case with the GSMA's Mobile World Congress, four halls of the massive exhibition centre.

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