Alibaba (BABA) Misses Q4 EPS, GMV Rises 24%

Alibaba (NYSE: BABA) reported Q4 EPS of RMB3.02, RMB0.50 worse than the analyst estimate of RMB3.52. Revenue for the quarter came in at RMB24.2 billion versus the consensus estimate of RMB23.2 billion.

• Annual active buyers on our China retail marketplaces increased to 423 million, an increase of 16 million over the prior quarter, while mobile MAUs in March reached 410 million, an increase of 17 million over December 2015.
• GMV transacted on our China retail marketplaces was RMB742 billion (US$115 billion), an increase of RMB142 billion (US$22 billion), or 24% year-over-year, with mobile GMV accounting for 73% of total GMV.
• Mobile MAUs on our China retail marketplaces grew to 410 million in the month ended March 31, 2016, compared to 393 million in the month ended December 31, 2015, representing a net addition of 17 million MAUs over the quarter and a 42% increase from 289 million in the month ended March 31, 2015. The growth in mobile MAUs in this quarter was primarily due to increased adoption of mobile devices by consumers as the primary method of accessing our platforms.

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