BABA-W (09988.HK) +2.600 (+2.181%) Short selling $508.52M; Ratio 11.514% (BABA.US) reported revenue for the fiscal quarter ending March 2025 that was 1% below expectations, in wake of a lower Cainiao's revenue and a slowdown in growth for AIDC (Alibaba International Digital Commerce), CMS said in its report.However, the performance of TTG (Taobao and Tmall Group) excelled expectations, with margins remaining stable at 41% YoY. Adjusted EBITA accelerated its annual growth to 36%, aided by cautious cost control and AI-driven efficiency improvements, leading to increased margins.Related NewsMacquarie Recommends Buying BABA-W on Dips; Rating Reiterated as OutperformThe broker revised down Alibaba's revenue expectations for 2026 and 2027 by 2% given the impact of AIDC and Cainiao. Net profit forecasts were lowered by 5% and 2%, respectively, due to increased investment in local commerce. The target price for BABA-W (09988.HK) +2.600 (+2.181%) Short selling $508.52M; Ratio 11.514% was raised from HKD165 to HKD171, and for Alibaba (BABA.US) from USD170 to USD176, with a Buy rating maintained. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-20 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)