Alibaba Could Be A Surprise Winner As New Tailwinds Emerge
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Alibaba is expected to show growth in its upcoming earnings, driven by diversification into cloud and international commerce. The international segment, currently 12% of revenue, is projected to grow to 25% by 2027.
November 11, 2024 | 10:30 am
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Alibaba's upcoming earnings report is anticipated to highlight its diversification efforts, particularly in cloud and international commerce. The international segment is expected to grow significantly, contributing to a larger portion of revenue.
The article suggests that Alibaba is successfully diversifying its revenue streams beyond its core China e-commerce business. The focus on cloud and international commerce is expected to drive growth, with the international segment projected to increase its revenue contribution significantly by 2027. This diversification could positively impact Alibaba's stock price in the short term as investors anticipate growth in these areas.
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