BABA intrinsic value
Reportedly, Alibaba Group Holding (BABA) has agreed to acquire an e-commerce company, Kaola Unit, from NetEase Inc. for approximately $2 billion.
Alibaba reported earnings per share of $12. 55 on revenue of $13.86B, the consensus between analysts was $10.3 per share on revenue of $16.5B.
Alibaba co-founder Joe Tsai is expecting to sign a deal valued at more than $700 million to buy Brooklyn’s Barclays Center at the same time he acquires the 51 percent of the Brooklyn Nets that he d…
Alibaba Group Holdings Ltd. is managing to invest more efficiently as it tries to expand its business, a trend that helped send shares of the e-commerce. . .
Alibaba reported robust revenue this quarter growth despite the economic growth slowdown in China and the trade war between Beijing and Washington. The Chinese e-commerce giant is also moving to buy Chinese shopping site Koala for 2-billion dollars in cash. Yahoo Finance's Brian Cheung, Krystal Hu, Dan Roberts, and Sibile Marcellus break down the details.
Though growth has slowed, the e-commerce giant’s results signal that the country’s consumers still feel comfortable enough to open their wallets.
(Bloomberg) -- Alibaba Group Holding Ltd. ’s quarterly revenue beat the highest analyst estimate after personalized shopping recommendations and a June sales bonanza drove China’s leading online retail business. The company’s U. S. shares climbed 3. 3% to $167. 43 at 11 a.m. in New York trading. Revenue at
Chinese e-commerce platform Alibaba is weighing a delay to its listing on the Hong Kong Stock Exchange due to massive anti-China protests that have shuttered the airport and captivated the world. T…
As fears about economic growth and geopolitical tensions continue to weigh on China stocks, Alibaba Group Holding Ltd. has a few insurance policies.
(Bloomberg) -- China’s two largest companies have lost a combined $140 billion in market value since the escalation of the trade war in May. As Alibaba Group Holding Ltd. and Tencent Holdings Ltd. report earnings this week back-to-back, they’ll try to show the punishment is overdone. The brutal market
With the concentrated rush of earnings season drawing to a close, it is time for retailers to take center stage — even if they would rather not.
Stocks Analysis by Michael Kramer covering: Cisco Systems Inc, USD/CNY, NVIDIA Corporation, Walmart Inc. Read Michael Kramer's latest article on Investing. com
(Bloomberg) -- Alibaba Group Holding Ltd. President Michael Evans is among 17 current and former Goldman Sachs directors facing criminal charges over their alleged role in $6. 5 billion of bond sales by 1MDB. Evans, the international face of China’s e-commerce leader, was among a group of individuals who
With the United States and China, the world's two largest economies, both seeming unrelenting in the latest trade tiff, these don't seem like the days to embrace China. . .
Alibaba (BABA) stock has lagged slightly behind the broader e-commerce industry in 2019. Now let's see what to expect from its upcoming earnings results as the U. S -China trade war heats up once again. . .
U. S. stock futures are trading higher as equities try to find a bottom following their worst day of 2019. The S&P 500 and Nasdaq-100 are both down six days in a row. Monday's plunge sent the CBOE Volatility Index to its second-highest reading of the year, signaling widespread panic. Source: Shutterstock