Thursday, January 29, 2015

Alibaba holiday-quarter revenue disappoints

The logo of Alibaba Group is seen inside the company's headquarters in Hangzhou, Zhejiang province early November 11, 2014. REUTERS/Aly Song



The logo of Alibaba Group is seen inside the company's headquarters in Hangzhou, Zhejiang province early November 11, 2014.


Credit: /Aly Song






- Alibaba Group Holding Ltd's (BABA.N) quarterly revenue fell short of analysts' expectations, showing signs of a slowdown in the Chinese e-commerce company's growth during the hard-fought holiday shopping season.

Revenue rose 40 percent to $4.22 billion in the December quarter, missing the average analyst estimate of $4.45 billion, according to Thomson I/B/E/S.


But margins on earnings before interest, taxes, depreciation and amortization bounced back after a decline in the previous quarter to 58 percent from 50.5 percent in the July-September period.


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