Alibaba Earnings Update (Not Good!) | BABA & HK:9988 Stock

Alibaba stock remains an investment in Charlie Munger's Daily Journal portfolio, and recently reported their Q1 2023 earnings. The quarter included a tough macro backdrop for the company, and here is how they performed!

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Time stamps:
0:00 - Alibaba reports Q1 2023 earnings
1:38 - Macro backdrop
2:54 - Key BABA earnings numbers
5:25 - What happened
9:54 - Alibaba Cloud growth
12:14 - Free cash flow & buybacks
12:59 - Currency & VAT
14:23 - Management Q&A Highlights
17:56 - Final thoughts

Enjoy :)

Disclaimer:
I am not a financial adviser. This video is for education and entertainment purposes only. Seek professional help before making any investment decision.​