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Alibaba’s Doing Great!


Turk

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By Kara Swisher January 28, 2014, 2:00 PM PST

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Here’s the only chart that matters from Yahoo’s fourth-quarter slides — the one showing a 53 percent increase in revenue and a 58 percent rise in gross profit at China’s Alibaba Group.

Yahoo’s core business: Not so much, with continued revenue declines in a fast-growing industry.

But — thanks be to Jerry Yang — Yahoo still owns 24 percent of Alibaba, which is set to go public later this year.

Here are the rest of the Yahoo charts and press releases and such to peruse, most of which paint a picture of a shrinking business:
http://recode.net/2014/01/28/heres-the-only-chart-that-matters-at-yahoo-in-q4-alibabas-doing-great

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