1. Quarterly profit reached 48.9bn yuan; adjusted EPS beat expectations. 2. Revenue rose 8% to $38.38bn; international e-commerce grew 32%. 3. Taobao & Tmall sales increased 5%; cloud intelligence grew 13%. 4. Premarket BABA jumped 5%; board approved additional $20.7bn buybacks.
BABA’s earnings beat and diversified business growth signal increased investor confidence. Similar tech stocks have surged following robust quarterlies and expansive buyback programs.
The article highlights critical performance data and future buyback potential, making it highly relevant to BABA’s valuation and investor outlook.
Sustained revenue gains and the sizeable buyback authorization indicate a durable, positive impact. Historical trends show that consistent performance improvements fuel long-term share price appreciation.