Professional
Added to YB: 2026-04-15
Pitch date: 2026-04-10
BABA [neutral]
Alibaba Group Holding Limited
Author Info
No bio for this author
Company Info
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.
Market Cap
$1.9T
Pitch Price
$124.50
Price Target
N/A
Dividend
0.82%
EV/EBITDA
12.80
P/E
22.50
EV/Sales
1.93
Sector
Broadline Retail
Category
turnaround
JB Global Capital Portfolio Holding: Alibaba Group Holding Limited
BABA (holding update): Largest position at 50%. Cloud strong at 36% YoY growth (vs 29% prior Q), shifting Qwen3.6-Plus to paid enterprise model for AI monetization. But quick commerce price war w/ Meituan/JD costly: China e-comm adj EBITA -43% YoY, S&M expense 15.2%→25.3% of rev. CMR +1% vs double-digit MAU = subsidy-driven growth. No per-order economics or contribution margin disclosed.
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