Company Earnings UpdateAlibaba (NYSE: BABA) 4Q19 Results: Strong Revenue Growth Driven by China Retail Marketplaces Coresight Research May 17, 2019 Executive Summary Alibaba reported 4Q19 revenues of ¥93.5 billion ($13.9 billion), up 51% year over year and beating the consensus estimate of ¥91.7 billion ($13.3 billion). Fiscal 2019 revenues were ¥376.8 billion ($56.2 billion), up 51% year over year. The company expects revenue to reach over ¥500 billion for the fiscal year 2020. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Tariffs: Divergence Between Consumer and Business Sentiment and What It Means for RetailThree Data Points We’re Watching This Week, Week 32: US Store Tracker ExtraHigh-Income Consumers’ Sentiment Soars Ahead; Plus, Home and Home-Improvement Shopping in Focus: US Consumer Survey InsightsRetail Trends and Shopper Traffic Update, Q4: Early Findings & Strategic Outlook
