Alibaba Group Holding Ltd ADR

BABA: XNYS (USA)

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Alibaba Earnings: Adjusted EBITA Misses on Investments, but Long-Term Outlook Remains Positive

Chelsey Tam

Mar 20, 2026

Alibaba targets cloud and AI external revenue compound annual growth of over 40% to CNY 690 billion in five years, with adjusted EBITA margin expanding to 20% in the long run. It expects quick commerce to generate positive cash flow by fiscal 2028 (ending March) and become profitable in fiscal 2029.

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Alibaba Group Holding Ltd ADR

Alibaba Earnings: Adjusted EBITA Misses on Investments, but Long-Term Outlook Remains Positive

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