Core Viewpoint - Alibaba's stock has shown a nearly 50% increase over the past year, but it remains 65% below its all-time high from October 2020, indicating potential for future growth despite challenges [1][2]. Financial Performance - In fiscal 2022, Alibaba's revenue grew by 19%, but growth slowed to 2% in fiscal 2023, 8% in fiscal 2024, and is projected at 6% for fiscal 2025, primarily due to regulatory and macroeconomic challenges [2][4][5]. - Analysts expect Alibaba's revenue to rise by 7% in fiscal 2026 and by 8% in fiscal 2027, with adjusted EPS growth projected at 8% and 14% respectively [10]. Challenges Faced - Alibaba faced significant regulatory challenges, including fines and restrictions from China's antitrust regulators, which limited its competitive strategies [4]. - The Chinese economy's slowdown, exacerbated by "zero-COVID" policies and a weak real estate market, negatively impacted consumer spending and cloud customer expenditures [5]. - Leadership changes, including the departure of CEO Daniel Zhang in 2023, raised concerns about the company's growth trajectory [6]. Business Stabilization - Despite challenges, Alibaba's retail business saw growth in overseas markets, which helped offset weaker performance in its domestic marketplaces [7]. - The company implemented cost-cutting measures, share buybacks, and increased revenue from higher-margin cloud and AI businesses, leading to improved earnings per share [8]. Future Outlook - Alibaba's stock trades at 11 times its forward adjusted earnings, with potential for a higher valuation if trade tensions ease, possibly rising to about $167 by fiscal 2027 [12]. - The company may integrate its various business units more closely, enhancing its competitive position against less diversified rivals [11].

Global Research ab 9 July 2025 First Read Alibaba Group 1QFY26 preview; Stepping up quick commerce investments 1QFY26 preview We estimate revenue +1% YoY to Rmb246bn for 1QFY26, dragged by the deconsolidation of 1P offline retail assets (SunArt and InTime), which used to account for HSD% of group revenue. By segment: 1) Taobao Tmall Group (TTG) and local services: We expect GMV to +5% YoY (slightly lower than NBS online physical goods retail sales +7% YoY for Apr-May). CMR should grow faster at +11% YoY, th ...

July 9, 2025 12:10 PM GMT Alibaba Group Holding | Asia Pacific 1QF26 Preview: Earnings Pressure with Heightened Investments | What's Changed | | | | --- | --- | --- | | Alibaba Group Holding (BABA.N) | From | To | | Price Target | US$180.00 | US$150.00 | With estimate ~Rmb10bn in instant commerce investments and expect consolidated EBITA to fall 16% YoY (TTG + local services EBITA -20%) in F1Q with investments potentially peaking (~Rmb20bn) in F2Q. We forecast cloud revenue growth at 22% YoY. Reiterate OW a ...

EQUITY RESEARCH | July 3, 2025 | 2:10AM HKT Navigating China Internet The 'everyday app' battle in eCommerce: food/instant delivery TAM, cross-sell & eventual landscape The intensity of competition between eCommerce players and local services leader Meituan in food delivery/instant shopping has elevated to a new level. Unlike previous investments by eCommerce players that were scaled back within a few quarters, we believe the duration of investments this time will extend for longer— given all of the compani ...

企业跨国经营，最怕的就是水土不服。 当然，凡事皆有例外。有这样一家互联网巨头，死在了美国本土，在日本却越战越勇，风光无限。 这就是雅虎：一个美国企业的日本传奇。 雅虎日本有多牛? 雅虎，互联网先驱。 年长一点的读者，对雅虎不会陌生。 早期的雅虎页面 这里，简单介绍一下雅虎的现状。雅虎变卖核心业务后，将当年购买阿里巴巴的股份组成了一家名为Altaba的公司。今年年初，Altaba传出了清 算解散的计划，若这项计划进展顺利，雅虎将彻底谢幕。 其实，无论谢幕与否，今天的雅虎早已不是当年的雅虎。 反观雅虎日本，却依然风光无限。 对日本来说，雅虎日本意味着什么？ 雅虎日本是日本历史上首个市值突破一亿日元的股票。 雅虎日本先后在 JASDAQ和日本东京证券交易所上市。2000年1月19日，雅虎日本在东京证券交易所的股票总市值达到1亿140万日元，成为日本 历史上首个市值突破一亿日元的股票。 巅峰时期的2004年，雅虎日本的市值超过500亿美元，而"老母亲"雅虎的市值也只有330亿美元。 雅虎日本的盈利增长也远超雅虎。1999年到2004年，雅虎日本的盈利增长速度为60%，而同期雅虎全球仅为14%。 正因如此，雅虎日本的一 ...

Buying and holding quality stocks is one of the most efficient ways to build wealth. Three Motley Fool contributors believe now is a great time to consider buying shares of Alibaba (BABA 0.16%), Lyft (LYFT -0.76%), and RH (RH -1.05%) (formerly Restoration Hardware).What's more, Wall Street analysts also see attractive upsides for these stocks based on their average price targets. Here's why these stocks are poised to soar. Alibaba stock: 39% upsideJohn Ballard (Alibaba): Alibaba is one of the leading e-comm ...

Group 1: E-commerce Performance - Alibaba's e-commerce business remains its strongest asset, with Taobao and Tmall driving a 12% year-over-year growth in customer management revenues in Q4 of fiscal 2025, aided by improved take rates [1] - In the fiscal fourth quarter, Taobao and Tmall Group generated RMB 93.2 billion ($12.9 billion) in revenues, a 4% increase year-over-year, accounting for 47% of total company revenues [4] - International commerce, including AliExpress and Lazada, saw revenues of RMB 27.4 billion ($3.8 billion), up 45% year-over-year, with AliExpress alone growing by 22% [4] Group 2: Strategic Initiatives - Alibaba is integrating its food delivery platform Ele.me and travel services platform Fliggy with its core e-commerce business to enhance resource alignment and delivery network strength [3] - The company is focusing on improving consumption quality through better monetization tools and AI-driven search and recommendations, aiming for growth in both China and globally [2] Group 3: Competitive Landscape - Alibaba faces increasing competition from domestic rivals JD.com and PDD Holdings, both of which are expanding rapidly in China's digital retail market [5] - JD.com reported a 16.3% year-over-year growth in retail revenues in Q1 2025, driven by strong category execution and ecosystem integration [6] - PDD Holdings experienced a 15% year-over-year increase in online marketing services revenues in Q1 2025, supported by enhanced tools for merchant performance [7] Group 4: Stock Performance and Valuation - Alibaba's shares have increased by 34.4% year-to-date, outperforming the Zacks Internet – Commerce industry growth of 5.7% and the Zacks Retail-Wholesale sector's growth of 2.8% [8] - The forward 12-month Price/Earnings ratio for BABA stock is 10.39X, significantly lower than the industry's 24.70X, indicating a favorable valuation [15] - The Zacks Consensus Estimate for Q1 fiscal 2026 earnings is $2.48 per share, reflecting a 9.73% year-over-year growth, while the estimate for fiscal 2026 earnings is $10.47 per share, indicating a 16.2% year-over-year growth [13]

Core Viewpoint - TAO Synergies Inc. has rebranded from Synaptogenix, Inc. and will begin trading under the new ticker symbol "TAOX" on July 1, 2025, reflecting its strategic focus on the synergies between cryptocurrency and artificial intelligence [1][3] Group 1: Company Overview - TAO Synergies Inc. is the first pure-play public company dedicated to the convergence of cryptocurrency and AI, with a treasury strategy centered on acquiring TAO, the native cryptocurrency of Bittensor [4] - The company aims to stake TAO to generate revenue and capital appreciation, emphasizing its mission to create significant value for shareholders [4] Group 2: Strategic Focus - The company has begun staking TAO to capitalize on both staking yield and the growth of the token, positioning itself to leverage the leading AI token by market capitalization and adoption [2] - Executive Chairman Joshua Silverman highlighted that the rebranding and focus on TAO represents a pivotal moment in the company's commitment to digital assets and long-term shareholder value [3]

TaoAvatar 是由阿里巴巴淘宝 Meta 技术团队研发的 3D 真人数字人技术，这一技术能在手机或 XR 设备上实现 3D 数字人的实时渲染以及 AI 对话的强大 功能，为用户带来逼真的虚拟交互体验。 它是如何实现的呢？本文将为您揭秘 TaoAvatar 背后的黑科技！同时在今天，我们正式宣布开源了 3D 真人数字人应用：MNN-TaoAvatar！目前应用源 码已同步发布在 MNN 的 GitHub 仓库，开发者可自行下载安装和体验，欢迎大家和我们一起交流讨论，共同探索 AI 数字人技术的无限可能。 什么是 TaoAvatar？ TaoAvatar 是淘宝在数字人技术领域取得的最新突破，更多详细的研究成果已经发表在相关论文。 论文标题：TaoAvatar: Real-Time Lifelike Full-Body Talking Avatars for Augmented Reality via 3D Gaussian Splatting 论文地址：https://arxiv.org/abs/2503.17032v1 开源地址: https://github.com/alibaba/MNN/blob/ ...

Core Insights - Synaptogenix has initiated its cryptocurrency treasury strategy by purchasing TAO, a leading AI-focused crypto token, with the aim of generating token-based yield and capital appreciation [1][2] - The company has partnered with BitGo for custody, trading, and staking services, leveraging BitGo's expertise to enhance its treasury strategy [1][2] - The initial acquisition of TAO was funded through the company's significant cash reserves, indicating a well-capitalized balance sheet [2] Company Strategy - The cryptocurrency treasury strategy is focused exclusively on artificial intelligence and machine learning, reflecting the company's commitment to innovation in these sectors [1][2] - The partnership with BitGo emphasizes the company's long-term conviction in TAO and its goal of creating significant value for shareholders [2] BitGo's Role - BitGo will provide secure custody for Synaptogenix's digital assets in regulated, insured cold storage, ensuring high standards of security and regulatory compliance [2] - BitGo's infrastructure will facilitate Synaptogenix's planned acquisitions of TAO and enable staking directly from qualified custody, allowing for revenue generation [2][3] - BitGo is recognized as the largest independent digital asset custodian and staking provider globally, serving thousands of institutions and millions of retail investors [3]