Company Earnings Update 3 minutesRegister for Free AccessAlibaba (BABA) 1Q19 Results: Strong Revenue Growth, Although Margins Are Squeezed Coresight Research August 27, 2018 Executive Summary Alibaba reported 1Q19 revenues of ¥80.9 billion, up 61% year over year. The company attributed the strong results to robust revenue growth from its China retail business, the consolidation of Cainiao Network and Ele.me, as well as a near-doubling of revenues in the Alibaba Cloud business. Core commerce revenues reached ¥69.2 billion, up 61% year over year. International retail revenues were up 64% year over year, primarily driven by the growth in revenues on the two marketplaces, Lazada and AliExpress. Cloud computing sales reached ¥4.7 billion, up 93% year over year, driven by solid growth in paying customers, as well as higher value-added products and services. Management did not provide full-year guidance. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weinswig’s Weekly: The Year of the Rabbit Is Here!Consumers Turn Away From Socializing: China Consumer Survey InsightsScreen Time Continues To Increase: China Consumer TrackerInnovator Intelligence: Achieving Social and Live Commerce Success with Authentic, Interactive and Engaging Content