Alibaba Shares Surge as Amazon Tops Walmart in Quarterly Revenue

Alibaba Group Holding Limited (NYSE: BABA) shares jumped on February 20, 2025, following the company's strong revenue growth and earnings beat. The stock surged by over 13%, reaching its highest close since November 2021, as investors cheered the company's solid performance. Meanwhile, Amazon.com Inc. (NASDAQ: AMZN) reported quarterly revenue that surpassed Walmart Inc. (NYSE: WMT) for the first time, further solidifying its position in the e-commerce market.

Alibaba's revenue for the December quarter of 2024 topped analyst expectations, with the company earning $14.3 billion (€13.45 billion) in just 24 hours during its annual November 11 shopping event. This record-breaking revenue, coupled with the company's strong earnings per share (EPS) growth of 105.02% year-over-year (YoY) and 12.52% quarter-over-quarter (QoQ), contributed to the stock price surge.



Investment from prominent investors like Bill Ackman and David Tepper also boosted Alibaba's stock price. Their confidence in the company's prospects has encouraged other investors to follow suit, driving the stock price increase. Alibaba's global expansion efforts, including its focus on the US market, and strategic initiatives like its New Retail strategy and investment in professional translation services, have also contributed to its market performance and stock price increase.



Amazon's quarterly revenue surpassed Walmart's for the first time in the fourth quarter of 2024, with Amazon reporting $187.8 billion in sales compared to Walmart's $180.6 billion. This shift can be attributed to Amazon's core retail operations, expanding sectors like cloud computing and advertising, and strong growth in the North America segment. Amazon's ability to innovate, expand, and adapt to the regulatory environment and competitive landscape will be crucial in maintaining its revenue growth and market leadership.



In conclusion, Alibaba's recent stock price increase reflects the company's strong revenue growth, earnings beat, and global expansion initiatives. Meanwhile, Amazon's quarterly revenue surpassing Walmart's demonstrates the company's market leadership and dominance in the e-commerce landscape. Both companies continue to innovate and adapt to maintain their competitive edge in the ever-changing market.