{"id":24198,"date":"2026-03-27T08:11:14","date_gmt":"2026-03-27T08:11:14","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/03\/27\/alibabas-earnings-reflect-higher-cloud-spending-as-it-targets-long-term-growth\/"},"modified":"2026-03-27T08:11:22","modified_gmt":"2026-03-27T08:11:22","slug":"alibabas-earnings-reflect-higher-cloud-spending-as-it-targets-long-term-growth","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/03\/27\/alibabas-earnings-reflect-higher-cloud-spending-as-it-targets-long-term-growth\/","title":{"rendered":"Alibaba&#8217;s earnings reflect higher cloud spending as it targets long-term growth"},"content":{"rendered":"<p>\n<\/p>\n<div>\n<h2><strong>Alibaba HK SDR 5to1 (SGX:HBBD) &#8211; Not Rated<\/strong><\/h2>\n<h3 style=\"margin-left:0cm;\"><strong>3QFY2026 revenue up 2% year-on-year<\/strong><\/h3>\n<p style=\"margin-left:0cm;text-align:justify;\">Reported revenue rose just 2 percent year-on-year (YoY) to RMB 284.8 billion, while adjusted EBITA fell 57 percent and non-GAAP net income declined 67 percent.<\/p>\n<p><span style=\"color:black;\"><i>Source: Company Data<\/i><\/span><\/p>\n<p style=\"margin-left:0cm;text-align:justify;\">First, there was a decline in revenues from the disposal of two brick-and-mortar retail businesses, Sun Art and Intime. Excluding these, underlying revenue growth was closer to 9 percent year-on-year, giving a better picture of the momentum in Alibaba&#8217;s core digital businesses.<\/p>\n<p> <span style=\"color:black;\"><i>Source: Company Data<\/i><\/span><\/p>\n<p style=\"margin-left:0cm;text-align:justify;\">Second, weak profitability was largely intentional.<\/p>\n<p style=\"margin-left:0cm;text-align:justify;\">Management is investing aggressively in two areas that are strategically important but are currently diluting margins. The first is accelerated commerce, where Alibaba is still spending heavily on subsidies to build scale and compete more effectively with Meituan. The second is AI and cloud infrastructure, where capital expenditure is being brought forward<\/p>\n<p>&#8230;<\/p><\/div>\n<p><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v4.0\"><\/script><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&#038;version=v13.0\" nonce=\"3nfhalVK\"><\/script><script async defer crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/en_GB\/sdk.js#xfbml=1&#038;version=v13.0\" nonce=\"blyG8KXs\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba HK SDR 5to1 (SGX:HBBD) &#8211; Not Rated 3QFY2026 revenue up 2% year-on-year Reported revenue rose just 2 percent year-on-year (YoY) to RMB 284.8 billion, while adjusted EBITA fell 57 percent and non-GAAP net income declined 67 percent. Source: Company Data First, there was a decline in revenues from the disposal of two brick-and-mortar retail<\/p>\n","protected":false},"author":1,"featured_media":6422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[4323,4402,814,2845,6257,5796,8782,1284,1929],"class_list":["post-24198","post","type-post","status-publish","format-standard","has-post-thumbnail","category-devotionals","tag-alibabas","tag-cloud","tag-earnings","tag-growth","tag-higher","tag-longterm","tag-reflect","tag-spending","tag-targets"],"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/24198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=24198"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/24198\/revisions"}],"predecessor-version":[{"id":24199,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/24198\/revisions\/24199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/6422"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=24198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=24198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=24198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}