Alibaba Group Holding Limited (NYSE:BABA) Q1 2025 Results Conference Call August 15, 2024 7:30 AM ET

Company Participants

Joe Tsai - Chairman
Eddie Wu - Chief Executive Officer
Toby Xu - Chief Financial Officer
Jiang Fan - Chief Executive Officer, Alibaba International Digital Commerce
Rob Lin - Head of Investor Relations

Conference Call Participants

Ronald Keung - Goldman Sachs
Alicia Yap - Citigroup
Thomas Chong - Jefferies
Ellie Jiang - Macquarie
Gary Yu - Morgan Stanley
Kenneth Fong - UBS
James Lee - Mizuho
Youssef Squali - Truist

Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to Alibaba Group's June Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. After managements prepared remarks, there will be a Q&A session. [Operator Instructions]

I would now like to turn the call over to Rob Lin, Head of Investor Relations of Alibaba Group. Please go ahead.

Rob Lin

Good day, everyone, and welcome to Alibaba Group's June quarter '24 results conference call. With us are Joe Tsai, Chairman; Eddie Wu, Chief Executive Officer; Toby Xu, Chief Financial Officer. We have also invited Jiang Fan, Co-Chairman and CEO of Alibaba International Digital Commerce Group to join the call. This call is also being webcasted from the Investor Relations section of our corporate website. A replay of the call will be available on our website later today.

Now let me quickly cover the safe harbor. Today's discussion may contain forward-looking statements, including without limitation statements about our strategies and business plans as well as our belief, expectation and guidance about our business prospects such as the future growth of our business, revenue take rate, profitability and return on investments and share repurchases. Forward-looking statements involve inherent risks and uncertainties that may cause actual results to differ materially from our expected expectations. For detailed discussion of these risks and uncertainties, please refer to our latest annual report on Form 20-F and other documents filed with U.S. SEC or announced on the website of Hong Kong Stock Exchange.

Any forward-looking statements that we make on this call are based on assumptions as of today, and we do not undertake any obligation to these statements, except as required under applicable law. Please note that certain financial measures that we use on the call, such as adjusted EBITDA, adjusted EBITDA margin, adjusted EBITA, adjusted EBITA margin, non-GAAP net income, non-GAAP diluted earnings per share or ADS and free cash flow are expressed on a non-GAAP basis. Our GAAP results and reconciliation of GAAP to non-GAAP measures can be found in our earnings press release. Unless otherwise stated, growth rate of all stated metrics mentioned during this call refers to year-over-year growth versus the same quarter last year.