Alibaba holiday-quarter revenue disappoints

Send a link to a friend  Share

[January 29, 2015] (Reuters) - Alibaba Group Holding Ltd's <BABA.N> quarterly revenue fell short of analysts' expectations, showing signs of a slowdown in the Chinese e-commerce company's growth during the hard-fought holiday shopping season.

Revenue rose 40 percent to $4.22 billion in the December quarter, missing the average analyst estimate of $4.45 billion, according to Thomson Reuters I/B/E/S.

But margins on earnings before interest, taxes, depreciation and amortization bounced back after a decline in the previous quarter to 58 percent from 50.5 percent in the July-September period.

(Reporting by Supantha Mukherjee in Bengaluru and Edwin Chan in San Francisco; Editing by Saumyadeb Chakrabarty)

[© 2015 Thomson Reuters. All rights reserved.]

Copyright 2015 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

Back to top