The results are fine!!!
Operation profit was good!!!
Revenue grew up 8%
Eps Target price is fine!!
Income profit was down because they invest which is good also....
Learn to reed balance sheet before west fraud Media makes their propaganda articles against alibaba and others east companies.
They are frauds and mafia be very carefully of the american bubble stocks and European bubble stocks also....
China is the leader now..
BABA is just starting its run - got a long way to go. The street is convinced - Chinese stocks are highly investible!
the stock is still up over 5 the week. if you eliminate the hype around earnings day, the sell off was not persistent and the stock is already back in green digits.
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