From Financial Modeling Prep: 2025-02-20 12:42:00

Alibaba Group (NYSE:BABA) saw an 11% rally after beating Q4 earnings expectations. Adjusted EPS was RMB21.39 ($2.93), exceeding estimates of RMB19.81. Revenue rose 8% to RMB280.15 billion ($38.38 billion), surpassing forecasts of RMB277.03 billion. Taobao and Tmall Group revenue grew 9% to RMB100.79 billion ($13.81 billion), while Cloud Intelligence Group revenue increased 13% to RMB31.74 billion ($4.35 billion) with triple-digit growth in AI-related products.

Alibaba International Digital Commerce Group revenue surged 32% to RMB37.76 billion ($5.17 billion), driven by strong cross-border demand. The company projects 8-10% revenue growth for full-year 2024, highlighting confidence in its AI-driven transformation and global expansion. With robust AI adoption and reaccelerating core businesses, Alibaba is poised for continued momentum in the coming year.



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