** charts before earnings **
** charts after earnings **
Alibaba beats by RMB 2.09, beats on revs
Reports Q1 (Jun) earnings of RMB 12.55 per share, excluding non-recurring items, RMB 2.09 better than the S&P Capital IQ Consensus of RMB 10.46; revenues rose 42.0% year/year to RMB 114.92 bln vs the RMB 111.65 bln S&P Capital IQ Consensus.
Adjusted EBITA for core commerce was RMB41,025 million (US$5,976 million), an increase of 25% year-over-year.
The revs increase was mainly driven by the robust revenue growth of our China commerce retail business, Ele.me (which we consolidated in May 2018) and Alibaba Cloud.
In June 2019, our China retail marketplaces had 755 million mobile MAUs, representing a quarterly net increase of 34 million. Annual active consumers on our China retail marketplaces was 674 million for the 12 months ended June 30, 2019, compared to 654 million for the 12 months ended March 31, 2019.
Cloud computing revenue grew 66% year-over-year to RMB7,787 million (US$1,134 million) during the June 2019 quarter, primarily driven by an increase in average revenue per customer.
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