Saxo Group Videos

The most recent financial results for Alibaba show a massive USD 7.3 Billion in revenue a year on year growth of fifty five percent, the sort of turbo charged numbers which have investors drooling. Alibaba’s EBITDA margin is sixty eight percent versus fifty one percent at Facebook, a key indication of just how rich the company. The number of active users on Alibaba’s ecommerce platforms has risen to two hundred and fifty five million from one hundred and seventy two million a year ago, that’s an important positive development which can only strengthen demand for the shares when they go on sale. The firm faces strong competition from rival Tencent, the tech company which dominates the instant messaging market in China. Tencent shares have risen around twenty percent this year. With Yahoo owning twenty four percent of Alibaba, Yahoo stock holders stand to benefit from Alibaba's launch.