Alibaba Group is expected to report its FY4Q24 results on May 14th, with a focus on user acquisitions across its various business units. 

While short-term margins may face pressure due to the company's strategy of using low prices and subsidies, the longer-term outlook appears positive amid signs of improvement in China's economy. 

Recent data shows a deceleration in total retail sales growth in China, but express parcel volume grew positively in 1Q24. 

Alibaba's Gross Merchandise Volume (GMV) for Tmall and Taobao is anticipated to increase by 4.9% year-over-year in FY4Q24E, with GMV for Tmall growing by 3.5% and GMV for Taobao increasing by 16.1%. 

Key drivers of growth include categories like Shoes & Bags, Food, Apparel, and Cosmetics. 

Despite potential short-term challenges, Alibaba remains optimistic about its future growth prospects as it continues to focus on user acquisitions and business expansion.