Alibaba is divided by 18.5% on strong AI and e-commerce

Alibaba shares increased by 18.5% in Hong Kong on Monday, as investors encouraged the progress of the Chinese Web Giant in AI and its basic business operations in the price in the food sector that will hurt its profitability.

Behemoth with a base is completely engaged in market capitalization HK 2.7 trillion (346.5 billion dollars) in the Asian financial center. His double actions on Friday on Friday in New York in New York, after the company export A strong set of results in three months ended in June. Cofaunder Jack Ma, who stepped off the rudder of 2019. years, but still his net worth in part of the company, is now the eighth rich man with a wealth with a wealth of $ 28.3 billion, toward List of billionaires in real time forbes.

Investors ruled Alibaba growth in AI. Cloud Compulging Arm, Cloud Intelligence Group has reported better than 26% increase in revenues at 33.4 billion yuan ($ 4.7 billion), while selling products related to three-digit years in a quarter.

The growth of revenues in the cloud could speed up the next two years, in the next two years, Chelsey’s products, the analysis based on Hong Kong’s research company 1 September, wrote in research note 1. September. Wang Xiaian, a Shanghai-based analyst 86resetra, says Vechat that Alibaba’s investments in this area, which is more aggressive than peers, helping cementa cement their lead.

For investors, such progress offers abundant reasons to overlook short-term pain such as profitability companies, says Wang. Alibaba’s operations decreased by 3% of the year to 35 billion yuan, because the company submitted subsidies for consumers and a meal coupons to compete with JD.com and a slice of the trademark of food delivery market. But thank you in the values ​​in the values ​​of its investments in equity, net income jumped 76% to 42.4 billion Juan a year ago. The company’s total revenues increased by 2% compared to 247.7 billion yuan.

Forward, investing in food delivery and so-called fast trading, promising to deliver online orders to consumer thresholds within an hour, it is expected to use sales sales, analysts say.

This is because users who attracted coupons are often directed at Alibaba’s application for Taobao, which had 25% of the annual increase in monthly active users in the first three weeks in August, according to society. Citing Quest Mobile Data, 86research’s Wang estimates that Taobao had 978 million monthly active users, this can – the latest available data.

As more people buy through Alibaba, traders are more willing to pay the company to promote their products. Alibaba’s customer management revenue that is widely sold for sale produced from various online services offered by shopkeepers and shop owners, 10% in June for a quarter to 89 billion yuan. During a call on Friday, the Management Board said that the growth trend will continue, because the company constantly increases its customer base.