Report
R.J. Hottovy
EUR 98.48 For Business Accounts Only

Alibaba's mobile, logistics, cloud, and digital media efforts offer long-term cash flow potential.

Our positive long-term outlook for Alibaba is intact following a fourth-quarter update highlighted by strong growth trends across the board. To us, the key takeaway for investors is not just that engagement stats like gross merchandise volume per active buyer (up 14%), retail marketplace revenue per buyer (up 33%), and monetization rate (3.01% versus 2.59% a year ago) indicate the firm's network effect is strong. Instead, we believe the focus should be on Alibaba's use of mobile as the gateway t...
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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