This is our first report on global tech giant, Alibaba. The company is currently trading close to its 52-week low with its results just around the corner. Despite the relatively soft economic conditions, it managed to offer stable revenues as well as narrowed losses in various strategic businesses by enhancing operating efficiency in the last quarter. Tmall GMV and Taobao experienced a percentage decline in the mid-single-digit in the last quarter. Despite the market volatility, consumption-rela ....
25 Oct 2022
Alibaba ADR: Initiation of Coverage – Business Strategy & Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (10/22)
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Alibaba ADR: Initiation of Coverage – Business Strategy & Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (10/22)
- Published:
25 Oct 2022 -
Author:
Ishan Majumdar -
Pages:
26
This is our first report on global tech giant, Alibaba. The company is currently trading close to its 52-week low with its results just around the corner. Despite the relatively soft economic conditions, it managed to offer stable revenues as well as narrowed losses in various strategic businesses by enhancing operating efficiency in the last quarter. Tmall GMV and Taobao experienced a percentage decline in the mid-single-digit in the last quarter. Despite the market volatility, consumption-rela ....