Nowa Zhu
2024.05.15 02:31

Growth is generally divided into three stages: user growth, revenue growth, and profit growth. Typically, companies start focusing on revenue after hitting bottlenecks in user growth, and then shift to profit growth when revenue growth plateaus. This also reflects the path of a company evolving from a startup to a growth-stage enterprise and finally to a mature business.

Today, $Alibaba(BABA.US) has returned to growth, first and foremost by reigniting user growth, which directly impacts GMV growth before cascading to revenue and eventually profit growth.

Longbridge - 复利魔方3650
复利魔方3650

$Alibaba(BABA.US)Actually, from a revenue perspective, Alibaba's performance is not bad, with a year-on-year increase of 7%, while Tencent only increased by 6%...

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