Alibaba itself is a Chinese firm. In the most recent quarter, it had 393 mn monthly active users. So when the next earnings call takes place on Thursday, analysts will want to see this number rising because the firm does more business than many other peers. Likewise, another metric, as usual for an e-commerce site, will be the gross merchandise volume (GMV). Alibaba has often failed to meet forecasts. Now there are economic concerns too, especially with Chinese manipulation of the yuan spelling trouble.

Needham & Co.’s analyst Kerry Rice had said last month that they see Alibaba Group Holding Ltd as being the best e-commerce marketplace of its kind. It not only serves as a ‘tollgate’ of sorts for merchants and brands that want to reach the 1.4 bn Chinese consumers, but it also extends their reach around the world. Rice added that their own survey results indicate that Chinese consumers spend the most time and money on Alibaba sites. This is expected to rise over the next year (in terms of both time and money).

Jack Ma is Now the Richest Asian Man

The chairman Jack Ma has now overtaken Dalian Wanda Group Co.’s Wang Jianlin as Asia’s richest man. This comes after Alibaba’s financial associate Ant Financial raised one of the biggest ever amounts for an Internet firm. As a result of the same, Ma added $4.3 bn to his fortune on Tuesday.  This took his wealth to $33.3 bn, as per the Bloomberg Billionaires Index. Now he is ahead of Wang, who has $32.7 bn, and Hong Kong tycoon Li Ka-shing, who has $29.5 bn.

However, this position may not last long. Wang is reorganizing his entertainment business. He also seeks to relocate his property unit’s listing for want of more money in mainland China. These deals will likely affect the fortune of the property-to-entertainment mogul, as per Bloomberg.