What do you still think of buying Alibaba stocks?

Hi there, Alibaba announced its first quarterly loss since 2012 after the e-commerce firm was hit by a US$2.78 billion anti-monopoly fine.

Excluding this one-off impact, Alibaba's income from operations would have been RMB10.57 billion (US$1.61 billion), an increase of 48% year-over-year.

For the year ended 31 March 2021, revenue rose 41% year-on-year while income from operations dipped just 2% (despite the hefty fine). I like that free cash flow rose strongly by 32%. Free cash flow is money that can be used by Alibaba to reinvest into its own business, acquire other businesses, buy back its own shares, etc.

Over the long-term, Alibaba still has potential to grow in the e-commerce, community commerce, and cloud sectors so I'm positive about this company.

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I plan to buy Alibaba stock(9898) these few days