A market preview of Alibaba Group Holding's fiscal 2027 first-quarter results said Alibaba Cloud revenue growth is seen accelerating to around 45%, well above market expectations, according to 36Kr. The preview also said overall e-commerce profit (China e-commerce plus AIDC) is expected to recover to flat year-on-year, beating expectations, while Taobao Instant Commerce is expected to narrow losses faster than anticipated.
The preview added that Alibaba Cloud's EBITA margin is expected to keep improving, rising from about 9.1% in prior quarters to the low double digits, in line with earlier guidance. As of publication, Alibaba shares in Hong Kong were up more than 13% at HK$108.3 per share.
Market Talk: Alibaba Cloud Revenue Growth Seen Accelerating to Around 45% Ahead of Alibaba FY2027 Q1 Results
2026-07-08 06:36:48
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