Report
R.J. Hottovy
EUR 147.86 For Business Accounts Only

Alibaba's Core Commerce Network Effect Remains Strong; Cloud/Digital Media Offer Long-Term Potential

Wide moat Alibaba's second-quarter update reaffirmed the strength of the network effect underpinning its core commerce marketplaces, while offering greater optimism about the long-term potential of nascent businesses like cloud computing and media/entertainment. Despite fears of mounting competition ahead of the upcoming 11.11 Global Shopping Festival, Alibaba posted strong core commerce growth of 41% in the quarter. While some of the growth was due to the Lazada acquisition, we believe the key ...
Underlying
Alibaba Group Holding Ltd. Sponsored ADR

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
R.J. Hottovy

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