Alibaba’s Slowing Sales Spook Investors

The transcript discusses Alibaba's financial performance, highlighting the impact of the Ant situation and the company's revenue growth. It notes a slowdown in growth compared to previous quarters, despite a 30% year-over-year increase. The pandemic initially hurt Alibaba, but a recovery followed. However, recent sales suggest a plateau. Ecommerce and cloud services are thriving, with cloud sales up 60%. The Ant issue dominated discussions, with CEO Daniel John stating they are still evaluating its impact.

What was the year-over-year growth rate for Alibaba in the September quarter?

• 50%

• 20%

• 30%

• 40%

How did the COVID-19 pandemic initially affect Alibaba's business?

• It resulted in a steady growth.

• It had no impact on the business.

• It caused a downturn due to lockdowns.

• It led to a significant increase in sales.

What trend is suggested by Alibaba's sales numbers post-pandemic?

• A return to pre-pandemic levels

• A continuous sharp increase

• A plateauing of recovery

• A decline in sales

By what percentage did Alibaba's cloud sales increase?

• 60%

• 50%

• 70%

• 40%

What was a major topic during Alibaba's news conference?

• Partnerships with other companies

• New product launches

• The impact of the Ant situation

• Expansion into new markets