BABA: New Initiatives To Enable A Strong FY3Q21; FY2Q21 Continued Its Momentum From FY1Q21

  • Date: Nov 02, 2020
  • Tags:BABA
  • Industry:E-commerce
  • Partial Report:Name: BABA FY2Q21 Preview 11022020.pdf - Size: 0.54M - Free Download
  • BABA: New Initiatives To Enable A Strong FY3Q21; FY2Q21 Continued Its Momentum From FY1Q21

BABA will report FY2Q21 results on November 5th before the market opens with a conference call at 7:30am EST. Based on our data and model, FY2Q21E revenue is likely to be at least in line with consensus at RMB155.9B (31.0% Y/Y growth). China’s e-commerce industry in 3Q20 is experiencing weaker seasonality than before; however, we are expecting a strong 4Q20.

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