Alibaba: Value Story Fades As Buybacks And Cash Flow Tumble (Rating Downgrade)

Core Insights - Alibaba reported a year-over-year revenue increase of 7% and a profit increase of 36% for the March quarter of 2025, but both figures fell short of consensus estimates [1] Segment Performance - Taobao and Tmall Group experienced a revenue growth of 9% - International Digital Commerce grew by 22% - Cloud Intelligence saw an 18% increase - Local Services reported a 10% growth - Digital Media grew by 12% - However, Cainiao Logistics experienced a decline [1]