Report
R.J. Hottovy
EUR 101.80 For Business Accounts Only

Alibaba's data advantages support longer-term marketplace, cloud, and entertainment aspirations.

Similar to last quarter, it was Alibaba's core retail platform that stood out to us during its second quarter update. China retail revenue accelerated sharply (up 64%, versus 57% last quarter and 41% the quarter before that), which we view as a culmination of recent mobile, personalized data, category expansion, logistics, and "new retail" online/offline retail integration investments.
We see two important takeaways for investors. One, retail revenue per active buyer (up 36% to CNY 293 per activ...
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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