Preview of Alibaba’s Q4 2024 earnings and its implications on the Chinese economy

the digital economy and our strong quality growth have made positive progress.’

The Chinese economy’s growth slowed in 2024, reflecting the economic challenges faced by the global economy. Consumer spending was limited due to disruptions in supply chains and reduced government stimulus. Alibaba’s Q4 2024 earnings report is anticipated to shed light on the current state of the Chinese economy.

Expectations for Q4 2024 revolve around revenue of $39.15 billion and diluted EPS of $2.75. The previous quarter’s results showed a 5% increase in revenue, with net income reaching $6.25 billion. Although the diluted EPS decreased by 4% YoY, the net income experienced a remarkable 58% growth.

Alibaba’s wide range of services, from e-commerce platforms like Alibaba.com and Tmall to cloud computing services provided by Alibaba Cloud and digital payment solutions through Alipay, positions the company as a key player in the Chinese digital landscape. The company’s investments in user experience and product offerings reflect its commitment to long-term growth in the digital economy.

The Q3 2024 results were affected by limited growth and stimulus measures in China, impacting consumer spending. Despite these challenges, Alibaba remains optimistic about its growth prospects, attributing positive progress to its strategic investments in user experience and product offerings.

As a significant conglomerate in China, Alibaba’s performance is closely monitored as an economic indicator for the country. Its Q4 2024 earnings report is expected to provide insights into the current economic conditions and consumer sentiment in China. With revenue expectations of $39.15 billion and diluted EPS of $2.75, analysts are keen to see how Alibaba navigates the economic challenges posed by the global economy.

The market will closely watch Alibaba’s Q4 2024 earnings report, scheduled to be released on Wednesday, 12 February, as it assesses the company’s performance and its implications for the Chinese economy.