3 Things Alibaba Group Holding's Management Wants You to Know
China-based e-commerce titan Alibaba Group (NYSE: BABA) absolutely crushed its first-quarter earnings report. Sales rose 53% year over year to $7.4 billion, adjusted earnings jumped 58% to $1.17 per share, and both figures exceeded Wall Street's estimates of $7.2 billion and $0.92 per share, respectively. Share prices have gained 7% since the report, adding to an 82% return over the last 52 weeks.
Following that stellar earnings release, Alibaba's management also held an informative conference call with financial analysts. Here are three of the most important takeaways from that call.
Image source: Alibaba.
Source: Fool.com
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